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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (931)6/29/2002 10:59:45 AM
From: Jim Willie CB  Read Replies (7) of 89467
 
I predict next few dollar bounces to ALL be weak, brief
basically a beeline to parity at 100
I expect any stock rallies to be America-only events
and the dollar making only very minor upmoves
with each successive lost support serving as strong resistance barrier
I thought 108-109 would hold support
I think 105 might now for a brief while
but fundamentals for the dollar are atrocious

trade gap data dominated two weeks ago
federal deficit data will dominate next
with corruption stories dotting the landscape as far as the eye can see

has anyone noticed that General Motors has zero profitability???
many Dow stalwarts are standing naked with huge beerbellies, six chins, an ass that already touches the ground, and pockets that dont hold no money, with costs that suddenly jumped up from their offshore supply chains

attention now is on Xerox
but Ford has debts 5x its mktcap
Naz100 aint the onliest place to find walking dead
/ jim
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