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Technology Stocks : All About Sun Microsystems

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To: I_Banker who wrote (62334)11/29/2004 8:11:30 PM
From: Marc Hyman   of 64865
 
A falling dollar help US companies...

That's the theory. However it can hurt the US consumer in the short term, at least until rising prices becomes painful enough that they turn from foreign to domestic sources for some of the products they buy. The falling dollar effects the price of oil, which is a negative on both business and the US consumer. As the US consumer has been the recent driving force of the economy, anything that hurts the US consumer does not bode well for the economy. As the economy goes, so goes the market.

Anyway, I suspect the market may go down, before it goes up. If I'm correct I want to be ready. If I'm not correct I've done nothing but waste a bit of time.

// marc
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