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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (11172)	7/8/2001 7:07:22 PM
From: donald sew	Read Replies (1) \| Respond to of 52237

Haim, I have heard often that the USD is overvalued on a historical basis - Im no expert on the USD. From a chart perspective on the USD it just set a higher high, so no firm technical signs of a reversal yet, but if I had to guess it may not be far away.

To: Haim R. Branisteanu who wrote (11172)	7/9/2001 2:01:54 AM
From: Lee Lichterman III	Respond to of 52237

I don't have any sell signals on the Dollar yet and am targeting the 123 1/2 area for a high but yes, it is showing some signs of weakening. A weaker dollar isn't necessarily the holy grail for the market though. What multinational corporations gain in exports, the market will lose in foreign investment. As the dollar falls, stock prices in foreigners eyes will lose value and if they feel the drop in the dollar will continue, then they will want to repatriate funds and thus will start selling stock. I don't have hard figures but I have heard that foreign ownership of our stocks makes mutual funds look like small potatoes. Good Luck, Lee