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To: Bucky Katt who wrote (9357)8/13/2001 7:41:49 PM
From: LemonHead  Respond to of 13094
 
Thxs for posting that. It brings home the meaning of "Fat".

FWIW
Keith



To: Bucky Katt who wrote (9357)8/15/2001 2:05:58 PM
From: James Strauss  Respond to of 13094
 
William:

Great post!!!

The US Dollar index has been correcting Since July...
stockcharts.com[m,a]daclyymy[pc13!d20,2!i][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

When the market bottomed in April, the Dollar index was rising... Now, they are both going down...
stockcharts.com

I don't think the G7 Would want the dollar to crash... It would hurt their export business... I think we'll see a concerted effort on their part to lower interest rates and continue to buy dollars... While this may not pump it up to its former valuation, it will create a balance that may actually increase the sale of US exports with a more moderately priced dollar, but still strong...

Jim