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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (7955)8/21/1999 11:17:00 PM
From: JF Quinnelly  Read Replies (2) | Respond to of 15132
 
One of the triggers of the '87 crash, and perhaps the main trigger, was the falling dollar. In that summer Secretary Baker announced our intention to weaken the dollar, and so the Japanese took their money home to escape the currency loss.

This time foreign investors may be taking their money home because their domestic economies are recovering. Such repatriation could serve to weaken the dollar, and encourage further capital flight to escape a currency loss.



To: marc ultra who wrote (7955)8/22/1999 11:01:00 AM
From: Lars  Respond to of 15132
 
Marc,

>>>
Some of my notes on Saturday's show. Note to any visiting profiteers who have tried to make money off of ABC property permission is granted only to print my posts and use them as toilet paper as some might consider that fair value anyway.
>>>
Good post. Thanks.

BTW, I have always thought your printed posts of high quality. They are always 2 ply. HA!



To: marc ultra who wrote (7955)8/22/1999 7:03:00 PM
From: Investor2  Respond to of 15132
 
Excellent summary.

Best wishes,

I2