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To: Bucky Katt who wrote (10934)4/26/2002 3:21:46 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Jim, the other problem, one that is gaining traction, is the value of the US dollar, and it is getting a bit weaker...

William:

The Euro is now about .90 to the dollar... U.S. Exports may pick up a bit with the decline in the dollar...

The market is down even though the GDP was up... Naysayers are pointing to the inventory component... This is the first time in two years that there is some doubt about a second half recovery... From a contrarian point of view this could be very bullish after the market finds a bottom...

Jim