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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (20869)11/29/2000 9:11:22 PM
From: No Mo Mo  Read Replies (1) of 65232
 
Jim-

"Keep an eye on the US dollar. If the US dollar starts to fall, Uncle Al and the Feds will have their hands tied and will be unable to sustain a longer term trend of lowering interest rates."

This is pretty much the next stage of the scenario the bears over on the Clown Free Zone have been describing for months/years. First tech crashes, then the wider equity market, then the Dow, then the dollar. That's why they're so heavily into metals as a last refuge.

They've been right (finally) since April. Given the possible severity of the pendulum from the March highs, do you think the dollar crash scenario is likely? If so, do you have any hedge plan?

-Darin
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