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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: GST who wrote (128516)7/18/2001 2:12:05 AM
From: schrodingers_cat  Read Replies (2) of 164684
 
On the dollar: I think the high dollar reflects strong demand for US investments. Where else are people going to put their money?

Japan has been in recession for a decade and may be in recession for the next decade. Europe has a central bank that keeps reminding people that they are new at the job, lead by a guy in serious need of a haircut. ;-) ) OK so people can keep some money in Switzerland or the UK , but for diversity, security, liquidity and potential returns the US is hard to beat and likely to stay that way.

The only way that I can see the dollar going down is if Europe or Japan get their act together, or if the US screws up so badly that we make their economic performance look good.
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