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Politics : Ask Michael Burke
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To: valueminded who wrote (45384)2/2/1999 10:38:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
Chris, The dollar has already died against the Yen. It will die against the Euro. Which will increase bond rates and require AG to stop printing 36 hours a day.

However, we have to remember that, except for stock prices, reckless monetary moves take 12-24 months to work themselves out. Especially if the public thinks that becoming a banana republic is a good thing.

I would buy Cisco puts after the eps tonight. Yes, they have growth, but nothing close to that pe ratio.

MB
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