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Strategies & Market Trends : Galapagos Islands
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To: zonder who wrote (43424)7/3/2003 3:04:09 PM
From: Jorj X Mckie  Read Replies (1) of 57110
 
I have been bearish on the dollar for over a year now. The dollar was going to fall regardless of Bernanke or Snow. For about a year now, I have had a target of $82 for the eventual low. Of course, that doesn't change the fact that the comments coming out of the fed and treasury secretary are a little bit embarrassing.

Personally, I think that the weak dollar is a good thing in the long term for the economy.
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