Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: X Y Zebra who wrote (49866)	1/8/2004 1:47:04 PM
From: MulhollandDrive	Read Replies (2) of 57110

A lower dollar may help many US corp to weather this re-adjusting period while the US figures out in which way they can "fit productively" under the current transformation of wealth (from West to East). After all, there is a lot of technology in which the US is leader. hi xyz... very belated happy new year :) i agree with you.....one caveat though that is of concern to me is that with the continuing slide of the dollar it would appear that OPEC has decided to raise the upper limit of crude testing the waters i think, it seems that they may be concluding the u.s. can handle the uptick in crude without hurting the broader economy ....maintaining prices in the low to mid $30's instead of the mid to upper $20's... i think the jury is out on that for now...personally i think it could be a drag on our economy if it persists much longer.

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