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Strategies & Market Trends : Raptor's Den II

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To: Kirk © who wrote (1533)	12/17/2003 12:57:44 PM
From: Andrew	of 3432

Another way to look at it is that in just about any other currency other than USD the DJIA is pretty much flat on the year. So if the $USD loses another 25 - 50% of its value am I to assume that it should go 12500 to 15000? Thats some rally you got there. IMO the US stock markets are broken the USD is broken and the US economy is broken. Now the Nasdaq. There you have a real quality rally. Notice junky high/no PE companies are up the most. Just wait till interest rates get cranked next year and the Real Estate bubble blows up. I had someone say to me that I've been wrong about the stock market this year and I shouldn't be bearish was I wrong?

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