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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (137)	12/3/1998 11:45:00 AM
From: Skipperr	Read Replies (1) \| Respond to of 99985

Patrick, Thanks so much for the URL. On a cursory glance, I particularly like the Dollar/Yen chart for correlation to the US Market. nyce.com Thanks again...Skipperr

To: Patrick Slevin who wrote (137)	12/3/1998 11:54:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 99985

nope, not a coincidence. BUY GOLD.

To: Patrick Slevin who wrote (137)	12/3/1998 12:47:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

Patrick, The chart on the dollar does look like it is heading down, and in the case of the AUG downswing it lagged the stock market by about a month. Is that in line with what you are thinking - sorry been out of it a bit this morning. seeya

To: Patrick Slevin who wrote (137)	12/4/1998 1:06:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 99985

Patrick; I see it, and I've been driving at the same point with out much success. At the recent peak of our market off the lows about 10% was due to a falling dollar, right now about 7%. All the rhetoric about how a weaker dollar helps, is smoke and mirrors, as in the long run it's a catch 22, we get a short term benefit and can clear out inventories, but we will still wind up & import more than we sell, ( chips and Tvs and Shoes and so much else comes from Asia , and all that will cost more. ) It's a sword with a double edge, and the one that cuts us is sharper than the other side. ----------------------- If we look at the market from a global view, then it's 7% lower than we see it relative to it's August Low, as that's when the dollar started it's dive. Another thing that seems to be a catch 22 is after the dollar falls, any gain back in it is hard on the stock market, as foreigners who buy a lot of our Blue chips ( and still see us in a bear market ) will try to exit when the dollar goes up. The road back is much more arduous than it looks if your only looking at stocks related to dollars..when you add a dollar index to the mix and understand that we have a global market the picture is not as rosy. Jim