Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (4325)	8/3/2001 11:18:43 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 33421

Hi David, What do you see as a "trigger" to get the dollar to roll over? I tend to agree that it seems over-valued, but then, these out-of-balance conditions sometimes last for decades..... Best, Ray

To: Moominoid who wrote (4325)	8/3/2001 11:40:14 AM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 33421

David - funny you relate the Dollar strenght to the Nasdaq. For my part, I check the Nasdaq against the Euro, sort of "repatriation" signal. Watching this since Sep last year and had good confirmations of Nasdaq moves: for instance, when the Nasdaq rallies and the Euro prices higher, the rally is out of steam. Foreign investments account for roughly 10% of the equities market. If one third, or a fourth of these investments are speculative money, this still is a huge amount to be added or withdrawn from the equities market at the click of a button. So, I don't know if a weaker Dollar would pull down the Nasdaq as you say. IMHO, a weaker Nasdaq profits to the Euro. Both statements could be true at the same time though.