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To: Mark Fowler who wrote (113347)	12/23/2000 12:17:36 AM
From: H James Morris	Respond to of 164684

>The dollar fell to its lowest level against the euro since August - ending the London session a cent lower at $0.924 and taking its losses over the month to 10 per cent. "The recent slew of weak economic data is continuing to chip away at sentiment in the dollar," said Robert Lynch, currency strategist at Paribas in New York. "The euro's rise is gathering a real head of steam."

To: Mark Fowler who wrote (113347)	12/23/2000 12:24:38 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>I see may be 42 Mark, you've turned very bearish. I can't say I blame you. As you know the S&P 500 are now expected to show a gain of less than 6% in the final three months of 99, down from the 15.6% gain expected when the quarter began. There's now talk about a "earnings recession". If your not short in a "earnings recession" you'd best be in $cash. Btw How do you short stocks inside your IRA?;-)