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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bonnie Bear who wrote (36990)2/2/1999 7:32:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
Hi Bonnie; Something isn't right about it all, and the dollar
took another hit. The crappy idea that a weak dollar helps
export profits is insane. Most of the cell-phones sold in china
are made in china, somebody is bull sh*ting the public.
Cheaper dollars can make the books look better on a lot of stuff
when they talk profits as they just use the de-valued dollars,
to state profits, but after that is over the stuff they have
to buy cost more. It's a jerk off type economy and you can bet
it's going to catch up with us before it's over.
More Job cuts in the News, while the witch doctors tells us
how great we are doing. I've not seen a country yet whose currency
went to hell that their economy didn't follow.
Jim
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