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Politics : Stockman Scott's Political Debate Porch

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To: CharlieChina who wrote (1603)7/7/2002 11:07:19 PM
From: t2  Read Replies (1) of 89467
 
Look at the Dollar plunge!!

I was hoping they could keep it stable for a few more days.
I guess some serious intervention will be coming our way...again! I think it is even a better to go short Dollar than to bother playing the stock market..jmho.

Disappointed that the dollar bounce could not last a bit longer...lets see what the central bankers do overnight and tomorrow. It probably is bad news for the stock market...

(although there are theories of blue chip stocks rallying with a weak dollar as bonds sell off---rush out of bonds and into stocks for "safety"-----not convinced of this theory and that is why I prefer going long Gold and shorting dollar)

quotes.ino.com
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