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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 3:59 PM EST

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To: Ibexx who wrote (103041)8/20/2001 11:43:24 AM
From: Jim Willie CB  Read Replies (1) of 152472
 
European money out of US stocks
into European bonds
their interest rates will drop
Euro bonds will rise also
bonds, man, bonds
back into currencies that are appreciating
into bonds because economies are still slowing
the euro currency will head toward dollar parity
and maybe overshoot, but I doubt it

yes, the Europeans are worse off
but not their currency
our dollar is overpriced and the secret is out
their economies will force rates lower
Euro bonds will shine
later, Europeans will re-enter the US stocks
at lower prices and more favorable currency translation

you sound patronizing, while you miss the point
/ jim
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