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


To: GROUND ZERO™ who wrote (52370)6/27/2001 3:25:45 PM
From: Arik T.G.  Read Replies (1) | Respond to of 94695
 
Dollar index had a technical break a week ago.
Could still make a double top, but it looks as though the days of strong USD will soon be over.

This rally could take two weeks, correcting for the leg down from the May high, or it could be for real.
Let's see how it develops.

ATG



To: GROUND ZERO™ who wrote (52370)6/27/2001 3:32:35 PM
From: yard_man  Read Replies (2) | Respond to of 94695
 
kicking in to do what? stimulate investment? stimulate consumption? increase profits by lowering borrowing costs? what?



To: GROUND ZERO™ who wrote (52370)6/27/2001 11:22:36 PM
From: Shtirlitz  Read Replies (2) | Respond to of 94695
 
Could you please explain the mechanism of how the rate cut is exactly working ?

From what I see, Long term bonds yields are up, mortgage rates are flat, bank lending rates are up or flat. Even US dollar which is absolutely suffocating the manufacturing sector didn't come down as it was supposed to as result of so many rate cuts.

The only place where I see the rate cut effect is the interest rate in my savings account.

P.S. And don't look at the Nasdaq chart.
Nasdaq has turned into some kind of scisofrenic chaos
and made all charts meaningless. Day to day sentiment rules there.