Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (11633)	12/15/1997 9:19:00 AM
From: James F. Hopkins	of 94695

To ALL; DOLLAR has fell fast this morn on London exchange, I'm busy this morn..we shold have a bubble..futures only say up 4.5 but the are really over almost 17 above the S&P which is a strong opening..however the dollar is being short sold in London and has lost value in regards to most currencies far beyond what most people will realize..and this will be negitive when people catch onto it. This market can't hold any rebound if the dollar keeps falling movers and shakers will sell off stock take the dollars and get rid of them before it falls much more..it's crap that a strong dollar hurts us. A weak one kills us. The bubble today will be short lived, if the dollar keeps falling it's down over 1.2% relitive..just since friday and thats a lot of bucks..them that have cash might buy bonds with the cheaper cash..so bonds may go up some, and stocks with them but it's still bad for the stock market laster this week..unless the dollar goes back up. JIm

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