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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Crimson Ghost who wrote (68964)5/17/2002 7:29:29 PM
From: t2  Read Replies (2) of 99280
 
George, that Fleck commentary is making me doubt my belief that the drop in the dollar is good for large cap stocks (Dow types) as we see dollar devaluation and money leaving bonds for other forms of investment, including other currencies, US large caps, or international stock markets.

So far the dollar drop, big cap stocks surge, gold up seems to be playing out. He could be right that as interest rates go up, the stock markets can take a tumble. Just need to see the double dip for that to take place. Otherwise, a dropping dollar,rising stock market and even rising gold is still possible...or is it?
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