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To: Berney who wrote (3865)9/10/1998 6:52:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
Berney; RE:" DAX down -3.5%, USD/DEM continues to fall... "

...the weakening dollar relative to the DEM euro is causing a selloff of export-sensitive EU stocks today.

DJIA-30 7640 is a damn important support this week.

DJIA-30 7400 +/-50 is the obvious last support; should we bust through this level on volume, the ensuing panic will sweep the DOW to just under 7000 very quickly.

-Steve



To: Berney who wrote (3865)9/10/1998 3:04:00 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
Berney, you sound like a Jewish choir on the banks of Babilon. Brighten up, remember Joseph Kennedy. He sold 1929 short and used the proceeds in a very positive fashion (for US too).

DJ


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