Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (27274)	1/11/2003 12:01:38 AM
From: Maurice Winn	Read Replies (1) of 74559

ACF, I think you misread my post: <>>would NOT want to be owing a bunch of US$ now - when interest rates go UP, it's going to be quite a shock to a LOT of people.<< You've gotta be kidding, Mq. The dollar's held up pretty well despite US interest rates at 40 year lows. When US interest rates move up again and the US stock market shows signs of life, it'll be look out below for the Euro - back to 80 cents for you!> What you wrote is the same as what I wrote. Did you think I wrote "owning" instead of "owing"? I doubt we'll see a $US collapse or even reduction from here. Especially if an increase or two start to creep in to show that the US$ will not become banana republic currency. Mqurice

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