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To: pater tenebrarum who wrote (112319)7/12/2001 1:18:21 PM
From: robnhood  Read Replies (2) | Respond to of 436258
 
-- DJ MARKET TALK: Budget-Surplus Estimate Down Big Time --



1:15 (Dow Jones) CBO estimates the surplus in June 2001 was about $30 billion
- $26 billion less than in June 2000. It says receipts fell by $12 billion and
outlays rose by $14 billion, with declining corporate income tax receipts
accounting for most of the revenue falloff. (JCC)



To: pater tenebrarum who wrote (112319)7/12/2001 2:04:05 PM
From: John Madarasz  Read Replies (1) | Respond to of 436258
 
Heinz...that's exactly right.

That resistance line from 1986 on the .DXY is major. If the index can get over 121...it's probably going to make the '85 highs of 130.

Of course if it does get there, it will just be a cheap thrill...or an expensive one as the case may be<g>



To: pater tenebrarum who wrote (112319)7/12/2001 3:28:04 PM
From: John Pitera  Read Replies (1) | Respond to of 436258
 
good point about the 50% retracement on the USD Index....... the bean complex has been roaring the past 3 weeks.