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

To: Haim R. Branisteanu who wrote (79715)	7/8/2001 7:03:10 PM
From: t2	Read Replies (1) \| Respond to of 99985

H, Are you suggesting that the EURO will start gaining strength against the dollar? I could not open that link you provided for some reason. That would be welcome news to the US manufacturing industry....possibly even for better profits down the road. At this stage, the strong dollar is a big hurdle for most US techs. O'Neill does not want to say it but you know he is thinking it....would not surprise me if Greenspan is as well. Maybe the next rate cut could trigger a decline in the dollar. I realize a weakening dollar carries some negatives but at this stage the benefits would outweigh the costs, imho.

To: Haim R. Branisteanu who wrote (79715)	7/8/2001 7:59:08 PM
From: eichler	Respond to of 99985

Haim, I checked the chart you linked and a couple from partners.tradesignals.com (click the contract and chart pops) Unfortunately, without my favorite bag of indicators I have pre-set on my I.Q. Charts, it's like sailing in the dark without stars to navigate or instruments like GPS.... I see the extended trends, the big countermoves initiating against the trend, but I have no sense of much more than that. I don't yet see the respective trends broken though. You could very well be correct. A disappointing answer I admit... Regards, Eichler

To: Haim R. Branisteanu who wrote (79715)	7/8/2001 8:34:36 PM
From: mishedlo	Respond to of 99985

Haim I look at that chart and see a POSSIBILITY of a reversal. I also see a double top and a potential for the $ to drop further. At gunpoint I would bet reversal but I see no reason to bet. If the $ tanks the stock market will make my PUTs happy. M