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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Arik T.G. who wrote (24120)	12/23/2002 2:45:03 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 36161

CRB might offer hint on US$ direction, up over 238 again quotes.ino.com higher commodity prices works together with higher import prices to hurt corporate profits and the dollar actually imports are holding price rather surprisingly they were flat during the last two months that will not continue though the list of European imports is not long I can think of wine, cheese, arrogance from France of construction equipment, electonic gear from Siemens, cars, maybe some optical gear also from Germany of crude oil and nuclear weapons from Russia (closer to Euro-based than anything else) of pharma products, Ricoli gumdrops from Swiss I think gold and CRB lead the dollar now they indicate the buck heads down the dollar is hanging onto 104 by its nuts technical damage done in the last week on accumulative basis we will see / jim