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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (33741)5/15/2003 1:08:37 AM
From: elmatador   of 74559
 
Nope. I don't buy that argument, Jay. The drop of the USD vs the basket of currencies (against which it dropped 15%)with the Euro shouldering much of the brunt was in the cards for at least 13 months (end of April 02).

Now if someone was betting that the dollar would be defying gravity he deserved to lose his shirt.
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