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

To: ig who wrote (81432)8/16/2001 6:30:52 AM
From: Ibexx  Respond to of 99985
 
In the long run, a weaker US dollar should help restore profitability of major US corporations, especially those in the high tech area.

I don't think there will be major withdrawl of $$$ from US equity market by foreign investors, considering the alternatives. Europe and Japan have bleaker ST outcomes, and the emerging markets are no place to park your dough.

JMHO,
Ibexx



To: ig who wrote (81432)8/16/2001 6:30:41 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
I think you may have drawn the lower line too close there.

Also - excuse me for repeating myself - even a breakdown wouldn't by itself necessarily negate the falling wedge pattern.


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