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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (78474)	6/12/2001 7:26:55 AM
From: t2	Read Replies (1) \| Respond to of 99985

I thought we needed the dollar to go down to be more competitive in overseas. It does raise risk of inflation here but the last article I read many companies were saying they couldn't compete or were having a difficult time as a result of higher dollar. I agree. The dollar needs to get a little weaker. Risk of inflation is not bad as the risk of recession. Actually, most say manufacturing is already in recession. That is why I am for more aggressive rate cuts; maybe the dollar will finally weaken. Or maybe the EURO bank cuts rates and that could actually strenghten the Euro...which is way things seem to unfold these days.