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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject2/3/2001 4:03:31 PM
From: Mark Adams  Read Replies (1) of 436258
 
Contrasting two points of view, Dollar Strength

The euro fell back through 94 cents but found buyers at the Jan downtrend line that it took out yesterday. The dollar continues to be the key to the bubble. When it breaks hard, it’s game over for stocks, and it will likely do it overnight so be aware of that.

prudentbear.com

The USD will correct anyway. We will not repeat our arguments why the USD should correct against both the EUR and the JPY later this year. The point of this note is that a strong dollar policy should temper the pace of a potential sell-off of USD assets, and limit the magnitude of the correction in the USD, should a financial accident occur. In any case, the dollar will likely weaken through 2001, for reasons related to the economic fundamentals, and not in response to a sharp reversal in the "strong-dollar" policy.

msdw.com

This link will change Monday, when the article gets archived. But hey, it will be ancient history by then anyway.
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