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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (9339)	8/11/2001 10:37:55 AM
From: Sergio H	Read Replies (1) \| Respond to of 13094

Good morning William. It's all relative. Yes, the dollar slide has begun, and most notably as you cited because of the perceived improvement in Europe. As I am sure you know, the markets efficiently, even though sometimes not immediately, balance out overbought and oversold situations. Bottom line: The U.S. dollar has maintained lofty levels and needs a trim. An example of a play on relative value is today's Barron's piece advising shorting home builders because builders have outpaced the market and are now selling at a premium to historic valuations. It will be interesting to see where the wealthy invest their money when the real estate market slows down. Back to stocks? Sergio