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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Clappy who wrote (51842)5/21/2002 12:39:47 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
your dollar bounce already happened last week
it reached 115, hit 20day MA resistance, and failed
sorry, I think it goes to 111 and THEN bounces
this should prove to be a cascading decline for the whole year

international cashflow is very very bad now
out of dollar-based assets
the Europeans are writing and reporting about it widely
we are insulated here in the USA
we dont even speak foreign languages
unless you count Jive

you keep doubting all along
I hope you never agree with my longterm view
first inning of first game of Golden World Series
the fundamentals are all lining up
by this time next year the fundies will all look worse
/ jim
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