Currencies and the Global Capital Markets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currencies and the Global Capital Markets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Henry Volquardsen who wrote (2823)	1/3/2001 5:36:08 PM
From: hobo	Read Replies (1) of 3536

The market will bear close watching... as will the dollar. indeed. i understand currencies in particular move under long term trends that they do not change in a hurry, (not an expert here, so i could be wrong). the dollar started to slide versus the euro under the impression that the US will be entering a slow down/recesssion. in addition, as the experts claim, rate cuts take several months to work their magic. i believe that a good deal of the move today was due to short covering. we may be bouncing for a few sessions. i will be most interested in how the market would react to a proposed tax cut. this will fuel volatility, so i think the way to go would be options perhaps, and not necessarily in one direction only, until a trend gets established. perhaps this is the start to a sideways (and volatile), market. i have no idea how long it would last. ________ edit: by "this" i meant the rate cut, economic uncertainty, the possibility of a tax cut, and the question on the posssible surplus (or NOT). in other words, at this point, nothing is a "given" as many had the idea that the "Internet Revolution" would create "Nirvana" for everyone.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next