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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: amadeus who wrote (65748)8/7/2002 4:07:21 PM
From: Kaliico  Read Replies (2) | Respond to of 208838
 
<markets swings still looking like manipulated penny stock>

No kidding. The real threat to the economy are the greedy hedgers on wall street. They manufacture consensus, short companies to their death and line the pockets of the top 1% of the wealthy IMHO. And the "authorties" go after Martha? White is black... black is white.



To: amadeus who wrote (65748)8/7/2002 4:31:56 PM
From: LTK007  Respond to of 208838
 
That's a total right on post, amadeus. GD.



To: amadeus who wrote (65748)8/7/2002 4:56:43 PM
From: SirRealist  Respond to of 208838
 
Were I to guess, since the market followed my dollar formula to a 'T' (1 dollar point = 41 COMP points, dollar went from 106.7 to 109 = 2.3, 2.3 x 41 = 94.3 Comp points and we went from 1205 to 1298)....

...then it goes to figure, with the dollar back down to a low of 107.7 before bouncing (hope it holds!) 1246 would be the low to expect, and it hit 1243. Support being very strong now, at 106.7, if the dollar dips overnight, it could indeed, retest the bottom.

The dollar ended the day up .35 from the intraday bottom, so like I said: I hope its rise continues!