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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (47803)2/19/2002 12:13:26 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
sounds like SSB has placed its bet
they are among the best of brokerage whore frontmen

inventories are low
consumers (though debt-ridden) are spending
commodity signals are clear that purchasers are buying up

the weird turn might be Japan implosion
as they crater climax, they are likely to seek alternatives
gold purchases have been cited in many places lately
I believe they will also hide in USdollars
as recovery causes rate rise, safehaven maneuvers might offset
this may produce a spring/summer blowoff top in US$
maybe steady interest rates until blowoff

might spell trouble in autumn as dollar begins its longawaited slide
US exporters will not be participating in the recovery much until the dollar slide happens
not a huge decimating decline, no way
just a healthy 10% slide
/jim
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