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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (37139)	6/18/2002 11:23:40 PM
From: Lucretius	Read Replies (2) \| Respond to of 52237

ROFL... what's fed gonna do???? defend dollar by raising rates?? ...buy dollars with more dollars?? LOL fed is impotent...

To: John Madarasz who wrote (37139)	6/18/2002 11:26:12 PM
From: Square_Dealings	Respond to of 52237

Sandspring on Euro sandspring.com

To: John Madarasz who wrote (37139)	6/19/2002 1:25:09 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 52237

<<i can't believe the FED will let the $ go into freefall>> LOL! What do you expect BubbleBoy to do...print more dollars...to buy dollars (as Luc said)?<G>

To: John Madarasz who wrote (37139)	6/19/2002 8:42:08 AM
From: Haim R. Branisteanu	Respond to of 52237

John about a year ago there were some comments on CNBS that the FED would like ot see the DXY in a range of 110 to 115. From a fundamental point of view including the deficits they are quite right IMHO. Keep in mind that EZ industrial production is negative and Italy sentiment is at a 2 year low. On top of all that France has just started the strike season and Germany will need to give in to an across the board 4% wage increase. Now the construction workers are on strike. As to markets they are always irrational and now every one is crowding into the EUR. Bu my calculation at present exchange rate the EZ will run into a trade deficit on top of an average 2.3% of GDP budget deficit. Many forget that EZ also comprise Italy, Portugal, Spain, Greece usual high inflation countries and also Ireland who depend on IT production which was down 16% MoM and Italy down 1% MoM