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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: George Burdell who wrote (15643)	11/18/2003 3:42:49 PM
From: backman	Respond to of 48461

from briefing.com 14:27 Dollar dives against Euro as foreign buying dries up The dollar continues to get pummeled by the Euro, trading through key levels with traders saying "there is still more to go, and it is going to keep going until it starts impacting us [the US], and it hasn't been so far." The move was pushed along by a steep decline of foreign buying of treasuries, down to $5.6 bln in Sept from $25.2 bln in Aug. The fall gained momentum as the currency traded through some key technical and psychological levels after repeatedly failing to pierce the resistance at 1.1815. The move is being spurred on by protectionist talk about import caps against China. The yen is at levels not seen since '00. 14:19 Market Action Traders backing away from bids this afternoon as rollover in the Dollar rattles equity investors. The Dollar has fallen to a record low against the Euro in New York trading after net purchases of U.S. securities fell to the lowest level in 5 yrs. Also heard talk that George Soros was out with more negative spin on the Greenback. Of course, Soros would not be alone in his assessment that the Dollar looks due for further decline, as many traders seem to be positioning in this trade as well. Overall, little conviction in equities of late, as funds look to drift into the end of the year. Hearing that many accounts have essentially locked the box on their portfolios and are simply looking to game the market for a few percentage points through year-end. For this afternoon, keeping an eye on the Nasdaq as it edges into the 50-day moving avg (see 14:14 comment).

To: George Burdell who wrote (15643)	11/18/2003 5:38:57 PM
From: Bucky Katt	Respond to of 48461

George, the current market dump says a lot..At any rate, they game the numbers and smart people like us know to think outside the box.... That is why we continue to make money being contrary, mainly with the multitude of rat stocks the past 7 months, and once in awhile with the indexes... I zig when they are zagging..