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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Murrey Walker who wrote (47635)2/13/2002 12:59:38 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
86 cents buys a euro
it started at 110 in 1998 launch
I respectfully disagree on even remotely at parity
the goal was 100
and we are 15% off that
funny how these numbers dont seem like big diff
but each penny is monstrous huge

I wanna see a move to about 93-96
then the US will recover
sure, big value with certain American bestinclass products
but large amounts of exports arent happening due to high US$

this recession is still in early stages
the recession has yet to repair anything but high stock prices and inflated debts
next up: dollar and real estate
the whole Darwinistic purpose of recession is to cull
aint happened yet

nothing but unrealistic dreams, unquenchable debt, patriotism, and inertia holding up the economy
/ jim
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