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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (49515)	11/30/2000 2:51:35 PM
From: William H Huebl	Respond to of 94695

Actually, I have a couple hundred January calls on HM... although they are fantasy in the AmeriTrade contest...

To: Real Man who wrote (49515)	11/30/2000 2:51:35 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Actually, I have a couple hundred January calls on HM... although they are fantasy in the AmeriTrade contest...

To: Real Man who wrote (49515)	11/30/2000 3:14:09 PM
From: Harvey Allen	Respond to of 94695

Euro Rallies Against Dollar By THE ASSOCIATED PRESS Filed at 12:57 p.m. ET LONDON (AP) -- The euro surged against the dollar Thursday, as currency traders sold heavily their greenbacks to buy euros on growing concerns about the U.S. economic slowdown and the U.S. presidential impasse. The U.S. dollar fell against most other currencies in European trading. Gold also was lower. As currency traders began buying euros in early European trading, the 11-country currency broke through the key support level of 86 cents. The euro was quoted at 86.67 cents in late European trading, up from 85.69 cents Wednesday. The single currency climbed higher against the dollar in New York trading, breaking another key level at 87 cents and trading as high as 87.30 cents. In midday trading in New York, the euro traded at 87.12 cents. ``Recently, there's been eagerness to trim dollar holdings among investors,'' said Andrew Delano, foreign exchange analyst at IDEAglobal. ``Today we saw a very heavy stock market weakness and we seem to enter a correction phase of the euro (rate) against the dollar.'' The European Central Bank kept its key interest rate alone Thursday, but the ECB decision had little impact on euro buyouts, as it had already been priced in the market. Other dollar rates in Europe, compared with late Wednesday, included 110.87 Japanese yen, down from 111.15; 1.7366 Swiss francs, down from 1.7580; 1.5330 Canadian dollars, down from 1.5400. The British pound was quoted at $1.4206, up from $1.4203. In midday trading in New York, the dollar bought 110.80 yen, and the pound was worth $1.4224. Based on euro rates, the dollar is worth 2.2499 German marks, down from 2.2814; 7.5458 French francs, down from 7.6514; 2.5350 Dutch guilders, down from 2.5705; 2,227.39 Italian lire, down from 2,258.57. Gold dealers in London fixed a recommended price of $268.25 bid per troy ounce at midmorning, down from $268.60 on Wednesday. In Zurich the bid price was $268.05, down from $268.75. Gold fell $3.00 in Hong Kong to close at $266.95. Silver closed in London at $4.66 bid per troy ounce, down from $4.68. nytimes.com

To: Real Man who wrote (49515)	12/21/2000 8:43:35 AM
From: Harvey Allen	Respond to of 94695

Euro Shines Amid Global Stock Woes By Shinichi Kishima LONDON (Reuters) - The euro vaulted to new highs on Thursday as bears rampaged through global stock markets and left the yen and dollar as the major casualties. Growing concern about a rapid slowdown in the decade-long U.S. economic expansion savaged U.S. stocks and lifted the euro above $0.91 for the first time in four months. The single currency also leapt to five-month highs against the yen (EURJPY-) and sterling (EURGBP-) and hit one-month peaks against the Swiss franc (EURCHF-). While the euro's recovery has been largely driven by the U.S. slowdown story, analysts said the single currency was now gaining momentum on a broader basis, strongly recovering from record lows hit in recent months against other major currencies. ``The market is getting extremely bearish with the U.S. and is pricing in a hard landing,'' said Sonia Hellemann, foreign exchange strategist at Dresdner Kleinwort Benson in London. ``The euro's bounce was triggered by events in the U.S., and everyone is realizing that it was the dollar that had been holding back the euro.'' The euro rose as high as $0.9151 (EUR-) by European midsession, according to Reuters data, hitting four-month highs for a second straight day and gaining nearly 2.5 percent this week. It also rallied above 103 yen (EURJPY-), 62 pence against sterling (EURGBP-) and 1.5250 Swiss francs (EURCHF-). Of the pack, the yen was the weakest, falling to 16-month lows even against an otherwise soft dollar around 113.15 (JPY-) amid worries about Japan's economic recovery and weakness in the Nikkei share price average (^N225 - news), which fell to 23-month closing lows. Europe Seen Resilient Amid Global Slowdown Dealers said the past success of the U.S. and Japan in attracting foreign funds was now working against them, even though European equities were not escaping the fallout. dailynews.yahoo.com Continuation of this post Thursday, Nov 30, 2000 3:14 PM ET: As currency traders began buying euros in early European trading, the 11-country currency broke through the key support level of 86 cents. The euro was quoted at 86.67 cents in late European trading, up from 85.69 cents Wednesday Message 14917611

To: Real Man who wrote (49515)	1/2/2001 6:08:25 AM
From: Harvey Allen	Read Replies (3) \| Respond to of 94695

Euro Leaps to New Highs LONDON (Reuters) - The euro began the year on a firm note, leaping to 10-month highs versus the yen and five-month highs against the dollar amid persistent concern of a sharp economic slowdown in the United States and Japan. Recent European data have reinforced the view that euro-zone growth remains relatively robust and well placed to withstand a period of slower global growth, analysts said. ``The euro looks set to build on its recent gains with no fresh news to change the perception of a radical economic slowdown in the U.S. and stalling growth or even recession in Japan,'' said Nick Parsons, currency strategist at Commerzbank in London. Comments from Bank of France Governor Jean-Claude Trichet also supported the euro. Speaking on Europe 1 radio station, Trichet said he expected euro-zone countries to see economic growth of around three percent in 2001 without inflationary pressures. ``Trichet's optimism on euro-zone growth is a view shared by most market participants,'' said Audrey Childe-Freeman, European economist at CIBC World Markets. The market shrugged off data showing the pace of manufacturing expansion in France and Italy slowed in December, as expected. Manufacturing PMI data for the euro-zone as a whole are due at 0900 GMT. Bullishness over the euro-zone's growth prospects pushed the euro above $0.9450, its highest since last July and above 108 yen, its strongest since late February 2000. The euro's gains against the two major currencies also lifted it to six-month highs against sterling, above 63 pence. US DATA IN FOCUS Elsewhere, traders are awaiting the U.S. National Association of Purchasing Management's (NAPM) survey of manufacturing activity to see if growth shrinks for a fifth straight month. Manufacturing is among the hardest-hit sectors as growth has slowed, and it showed one of the first major signals the economy was slowing. ``The U.S. data will be crucial for the dollar going forward,'' said Ian Gunner, foreign exchange strategist at ABN Amro in London. ``Until we see stronger data, fears of a hard landing in the U.S. will persist and we could see the euro at $0.97 in the next one to two weeks.'' The December NAPM is at 1500 GMT and economists polled by Reuters expect it to fall to 47.0 from 47.7 a month earlier, primarily due to slowing new orders and swelling inventories. Auto manufacturers will also release December sales estimates on Tuesday, although release times vary. Auto firms have struggled with mounting inventories and sliding demand and a further slip in sales could indicate U.S. consumers are reining in spending. Consumer spending makes up about two-thirds of U.S. economic activity. nytimes.com