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Strategies & Market Trends : Natural Resource Stocks

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To: Arik T.G. who wrote (3130)11/10/2003 10:10:44 AM
From: Jim Willie CB  Read Replies (2) of 108578
 
CNBC morons talk of "recent dollar strength"
outside the euro move from 117 to 115, what strength?
the jyen is back up to 92.2
the cannuck dollar is up to 76.1
gold is fighting over 383

the goony DXY dollar index has risen merely from sub-91 to 93.2 (big deal)
this index has to be the stupidest little dinosaur in the FOREX
time for a new Asian-weighted index

qu'est-ce que c'est cela, I must say
the euro is largely irrelevant vis-a-vis the trade gap and any requisite correction of gross imbalances

sheeple may buy it though
/ jim
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