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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Haim R. Branisteanu who wrote (44455)5/1/2003 5:20:52 PM
From: Henry J Costanzo  Read Replies (2) of 52237
 
<< it has to do with the weak USD.>>

Haim.......I think so too.........but I think you and I are about the only ones around these days who are not afraid of a falling dollar.....Again and again I read analysts full of gloom and doom because of the trade deficit and the falling dollar. The favorable aspects of increasing sales, and profits, for US corporations is usually ignored. And all of the discussion revolves around dollar ASSETS owned by foreigners and their falling value (in foreign currencies) - ignoring the fact that foreigners also have loads of dollar LIABILITIES, and their value has ALSO been falling.........Cheers
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