Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 267.08

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3:59 PM EST

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To: chomolungma who wrote (69946)	4/23/2003 1:26:49 PM
From: zonder	Read Replies (1) of 70976

I have not seen any similar actions and BY MY DEFINITION there's been no change to a weak dollar policy. You seem to believe that the only "policy" is open market operations. There are subtler actions. Just the fact that the USD has been weakening and that US has done zip about it shows that they are OK with that weakening, and hence they don't care for the strong dollar anymore. That should ring a bell re abandoning the strong dollar policy, but obviously not so for some of us. And I do believe you are trying to say "a STRONG dollar policy". fool's errand One of us made a bundle of money since November shorting USD and that obviously is not you.

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