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Strategies & Market Trends : Three Amigos Stock Thread

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To: James Strauss who wrote (8402)	9/6/1998 6:08:00 PM
From: Sergio H	Read Replies (2) of 29382

<I'm suggesting that lowering interest rates will lower the value of the dollar against worldwide currencies... It will bolster their currencies... It should also help our multinationals with their exports... The current stock market weakness sees this... If we continue along this current path the market will continue getting weaker...> You answered one of my questions. You're taking the position that althought there is nothing wrong with our economy we need to fix it because of the weakness of foreign markets and you've discounted the reason for the stock market drop being that our market was and perhaps is still overpriced in comparison to anticipated growth rates for our companies. Sergio

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