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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (22340)8/1/2001 7:29:34 AM
From: orkrious  Read Replies (2) of 30051
 
Zeev, Paul Krugman has an article in today's NY Times saying the dollar will fall sooner rather than later.

nytimes.com

One thing he points out is that the trade deficit is 4.5% of GDP. I believe this is one of the catalysts you cited for a declining dollar, which will speed the withdrawal of foreign funds from our country and will facilite a declining stock market.

In light of all of the comments being made lately about a declining dollar, might this ameliorate the strength of your monster rally from October-April?

Jay
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