Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Henry J Costanzo who wrote (82347)	9/22/2003 2:13:48 PM
From: Perspective	Read Replies (1) of 209892

A strong dollar has been terrible for US corporations, but clearly bullish for US financial assets. A weak dollar will indeed be great for US corporations, but death to US financial assets. All that matters in stock prices is supply and demand, just like any commodity. Positive earnings may improve demand, but a collapsing currency will take US liquidity with it into the toilet, and stock prices as well due to the decreased demand. That's why FA is near useless, and TA can actually work; it involves techniques for anticipating changes in the supply/demand equilibrium. BC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next