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


To: Chip McVickar who wrote (4526)8/30/2001 1:05:06 AM
From: Yorikke  Read Replies (1) | Respond to of 33421
 
Gold stocks up over 30% since November.....gonna go higher soon....I love a bull market...

siliconinvestor.com



To: Chip McVickar who wrote (4526)8/30/2001 11:15:15 PM
From: John Pitera  Read Replies (3) | Respond to of 33421
 
I think the Euro is heading to .9600 and the USD index is heading lower. It's been argued that many people have
been chased out of euro's in europe and asia since there was no physical euro's for investors ( and those will off the books cash ) to hold, now that the Euro can be bought and physically held, it could lead to a further big
leg up for the common currency. I think we see parity by the spring-summer between the USD and the euro.

It also appears we're seeing capital outflows of the US. Due to the equity bubble collapse..

this USD chart looks like it's got more downside to me

charts3.barchart.com

The Swiss continues to have seasonal strength forecast for another couple of months...

It's true we'll see a US equity rally this fall, but it's not necesarily imminent as far as i can tell.

John