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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 (12762)9/22/2003 4:40:21 PM
From: James Strauss  Read Replies (1) of 13094
 
I would note that China & Japan hold more of our paper than anyone else. Like I said, a game of chicken...

William:

The U.S. remains the safest place in the world to park money... As such, this game of chicken will go on and on... The argument that if these countries pull out their investments our markets could collapse has been raised for many years... The reality is that money continues to flow to the U.S. because of the symbiotic relationship between all the major economic powers... We all sink or swim together... There's a lot of "You Wash My Back I'll Wash Yours" going on...

Jim
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