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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7161)12/20/2000 4:37:33 PM
From: Chisy  Read Replies (1) | Respond to of 13094
 
MSW just upped dividend. My favorite REIT. Rentals in Silicon Valley.



To: James Strauss who wrote (7161)12/20/2000 4:40:05 PM
From: Bucky Katt  Respond to of 13094
 
Funny you mention reits, I was on a recent plane flight and my seat mate works for the Grave Dancer, Sam Zell.
He has some publicly traded stuff.
zellennium.com
He didn't become a multi-billionaire by buying tops.
Give it time to load. And this site was from last year, before the bubble burst.
The problem is all inside your head she said to me
The answer is easy if you think less logically
I'd like to help you all get rich at twenty-three
there must be fifty ways to make a billion.

Be sure to check out the tulipomania story...
Zell, Gabelli, those are the smart guys, the ones to heed. The jerk-offs who work for the big houses, and you know who they are, the ones who kept bleating the house line, like buy CSCO here at the 52w high, now those guys deserve to go back to the used car lots where they belong. Maybe they will?

As for gold, the XAU up another 4.3% today. The sector is getting money flow. I tried to give heads up yesterday....
Snowing heavy in the Chicago area, I am gonna go out and party like it's 1999...........



To: James Strauss who wrote (7161)12/21/2000 11:00:48 AM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
NEWP having another sweet range day.......



To: James Strauss who wrote (7161)12/26/2000 7:20:17 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
New 13...
************
PLM being acquired...
www2.marketwatch.com\http2_mw&dateid=36886.4506944444-750802087

Jim



To: James Strauss who wrote (7161)3/5/2003 10:49:38 AM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Dollar hits four-year low vs. euro
Snow comments raise questions about U.S. position
By Rachel Koning & Emily Church, CBS.MarketWatch.com


WASHINGTON (CBS.MW) - The dollar was driven to a four-year low against euro Wednesday after comments from Treasury Secretary John Snow raised speculation about U.S. support for a strong currency.


The euro at one point Wednesday was worth as much as $1.100. That's the weakest mark for the greenback since the middle of March 1999. The cross has since moved slightly in dollar's favor, with one euro worth $1.0956. Euro/dollar was trading at about $1.093 in New York trade Tuesday.

Dollar/yen also weakened Wednesday, recently down 0.4 percent to 117.42 vs.117.65. The pound was recently up 1.2 percent on dollar to $1.5992.

Stopped by reporters Tuesday after a Capitol Hill committee appearance to push the Bush stimulus plan, Snow said he doesn't "see anything troubling about" the dollar's recent decline.

"The dollar is in the marketplace. Everything in the marketplace goes up some and falls some. It's within normal ranges," Snow said Tuesday, according to reports.

A Treasury spokesman later clarified that the U.S. dollar position has not changed.

The dollar has given up more than 20 percent against its European counterpart over the past 12 months and its decline has been quite steep in the short time since the Feb. 20-21 Group of Seven finance ministers meeting as geopolitical jitters have encouraged investment to leave the United States.

The U.S. has long maintained that it favors a stronger dollar because that gives consumers more buying power and improves the standard of living. Still, just how strong a dollar level is desired is left open to debate.

But analysts said even the appearance of a shift in policy signaled to currency markets the U.S. may instead welcome the benefits of growing its export market - thus boosting economic growth. A weaker dollar is beneficial to keeping U.S. goods competitive on world markets.

The comments "confirm to us the U.S.'s relaxed position towards the weakening U.S. dollar," Deutsche Bank in London said. "For as long as the decline in the dollar is not an indication of capital flight from U.S. assets... then the process of a steady decline in the dollar is unlikely to be resisted by the U.S. authorities."

"The dollar is sucking wind as geopolitical fears take center stage and send investors seeking shelter in anything but the greenback," analysts at Briefing.com said in a morning research note.

The dollar's drop pressured stocks initially Wednesday, driving the Dow Jones Industrial Average ($INDU: news, chart, profile) to its lowest point since October. Stocks have since improved. See Market Snapshot.

"We do not intend to comment on daily fluctuations in currency markets. Secretary Snow made the administration's position on the dollar very clear at his confirmation hearing," Treasury spokesman Tony Fratto said Wednesday.

"He said that we have a consistent policy of favoring a strong dollar and sound, pro-growth economic policies and a commitment to free and open markets are the foundation for a strong dollar. The Secretary's position hasn't changed."