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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01
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To: Bucky Katt who wrote (12362)5/19/2003 4:40:08 PM
From: James Strauss  Read Replies (3) of 13094
 
While insisting the U.S. still has a
"strong-dollar policy," Mr. Snow redefined
what that means in comments to reporters at
an economic summit here. He said the U.S. '
government no longer measures the dollar's
strength by its market value against the
other major currencies -- the long-accepted
premise of that policy. Instead, Mr. Snow said
"strong" refers to such aspects of the dollar
as the confidence it inspires in the public and
its resistance to counterfeiting.

William:

I seem to remember Treasury Secretary Baker
in the Reagan Admin saying something similar
in October
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Jim
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