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

To: Monty Lenard who wrote (2380)12/20/1998 1:44:00 PM
From: HammerHead  Read Replies (2) | Respond to of 99985
 
two different views on the dollar direction:
stocksite.com

pei-intl.com



To: Monty Lenard who wrote (2380)12/20/1998 2:21:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Monty, yes the trade numbers improved a bit, from minus 16 billion to minus 15 billion (not exact numbers). the bottom line is they are still negative and IMHO will continue to be so.

Therefore the fundamental drift of the dollar coupled with the fact that the Euro will replace the dollar as the reserve currency of choice in many places.

BWDIK
Haim


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