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The dollar weakness can be attributed mainly to investor's worries about the troubled US housing sector and that any positive outlook is set to go down the tubes. Investors' worries hit a crescendo yesterday as a result of the news that the S&P were planning on downgrading $12 B of US subprime mortgage bonds and to make matters worse there was $5 B of bond downgrades from the worlds' leading company for credit ratings called Moody's.


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08 YTD % 13.66% 12.72% 17.34% Updated after Friday' 08 for details 85 Index vs The Market The IBD 100 Index tracks the performance of stocks listed in the IBD 100, in Investor's Business Daily. Companies are ranked based on superior earnings, strong price performance, and leadership within their respective industries. The IBD 100 debuted in April 2003, with the index launching the following month.

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