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Non-Tech : The US Dollar vs the Euro and a discussion over exchange rat

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To: tyc:> who wrote (30)3/31/2005 11:50:20 AM
From: Alfred W. Post   of 57
 
I think it is the other way around: Seeing the US-economy strengthen further and much more than the European that you are bound to make more money in the US stock market with a good selection of stocks and can so compensate for losses the sagging dollar will cause. And if the dollar should start to recover - that much the better. And a recovery of the dollar is now possible since so many have gotten used to make money by selling the dollar short. Whenever the slightest move up will be noticed those shorts will have to cover. Fred
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