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

To: Bob Burke who wrote (79872)	7/10/2001 1:50:09 PM
From: t2	Read Replies (2) \| Respond to of 99985

If the US dollar is not strong, that means the Euro, Yen and even the Canadian dollar is gaining against the the US buck. What would happen to the US stock market if foreign investors didn't like loosing 3 - 5 % on their US investments. I personally would be moving money from US to other area's which would undermine a recovery. Most of those people would put their money in US bonds not stocks. In the past, the strong domestic economy could justify a strong dollar but now there seems to be weakness in the US as well. Like I stated earlier, manufacturing has been in a decline since earlier last year (way too long) and it is too important a sector for the long term health of any economy. JMHO.