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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,426.40
(
0.12%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.83
(
0.05%
)
Bitcoin
65,028.57
(
-0.17%
)
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Ace Hanlon

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Ace Hanlon

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Re: Fletch post# 726

Monday, 07/08/2002 6:18:46 PM

Monday, July 08, 2002 6:18:46 PM

Post# of 704019
The dollar is crucial here. If it keeps going down we will be lucky to go back to Naz 1450 before plunging to new lows IMHO.

Note that European stocks decoupled from the US today. They were down just modestly despite the big hit here in the US. That tells me European investors are pulling their money out of US equities to invest at home.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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