Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (21240)	7/15/2002 8:31:31 AM
From: smolejv@gmx.net	Read Replies (1) of 74559

Hi Jay, re Message 17735968 My opinion: the trend would reverse, if the dwindling trust in US$ would undergo some miraculous change of course. For example, if no more corporate bonds would be degraded to junk status, if from now on to the end of the season, all the companies would preannounce better-than-expected numbers and if these numbers together would drag the SnP PE to 15. On a different subject: two (uncorrelated...?) facts: a) HK has lately been exposed to deflationary winds and b) HK$ is pegged to US$. Are you then (sort of...) preannouncing / seeing in the streets / hearing on local news, what may be coming down the road for us? RegZ dj ps: just bot Euro leaps.

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