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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,662.40
(
0.11%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.15
(
-0.21%
)
Bitcoin
54,007.67
(
-5.22%
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mlsoft

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mlsoft

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Re: Captain_Jack post# 105078

Tuesday, 05/06/2003 5:23:48 PM

Tuesday, May 06, 2003 5:23:48 PM

Post# of 704019
"Possibly just the opposite. Forgien currency coming into the mkts now may be looking for a double gain, 1 one the investment and another on a possible rise in the USD."
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Captain Jack...

You may be correct, but I would think those wanting to play that game would just be trading the currencies. When you look at the current accounts deficit and other problems, the best that could be hoped for here is a AG supported dead cat bounce. Not much to base a trade on -- with the market very overbought short term and the dollar in free fall, I would rather buy a lottery ticket.

mlsoft
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