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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (239658)5/8/2003 4:17:41 PM
From: Earlie  Read Replies (1) of 436258
 
WF:

There are lots of arguments that can be made respecting the falling buck, but from my perspective, toasted foreign investors are the main concern. That they will vacate is a given and when they do, we can turn the lights off for this stock market. No longer a case of "if", just "when". With the buck at 95, the exit doors must be starting to look very appealing.

By the way, I recall commenting well over a year ago that the "early exits" being quietly taken by certain central namely UK and China) provided a nifty timing signal re the buck's coming demise.

Best, Earlie
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