Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Wyätt Gwyön who wrote (933)	5/8/2003 6:48:26 PM
From: Earlie	Read Replies (1) of 4905

Darfot: Agree. Being debt-free sure makes sense to me every time I look at the dollar chart and think about what it implies with respect to the direction in which interest rate pressure is building. Does Alan of Green Gables let the buck fall down the cliff (thereby ensuring the hasty exit of those foreign investors who buy up the US debt paper and equities)? Or does he defend the buck with higher rates? Not a nice place to be with a rock on one side and a granite cliff on the other. In the end, market forces will crush Greenspan's efforts. He can delay the inevitable, but he can't divert it. Best, Earlie

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