SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jmootx who wrote (72623)3/18/2001 6:18:59 PM
From: jmootx  Read Replies (1) | Respond to of 99985
 
But my long term prediction


At the bottom of this bear, which is now uncharted for NASDAQ, is a new bull that could resume as strong as the last once the lows are achieved and the following event occurs: by 2010-12, or possibly sooner I see a chance of one currency between Tokyo-New York-London.

We still have the World's most modern financial reporting and leading edge R&D. Tokyo is near bankrupt, but the trade deficit numbers are too large to sustain. Not sure how that 5 trillion in debt would play into the scenario, but once reformed, they are very productive. London is still the world's largest financial center and they smartly kept their currency independent. But the time will arrive where the Yen, Pound, and Dollar may have to merge---and at the bottom of a financial crises provides opportunity.

Just a hunch, but events like this will have to be part of the modern landscape now that globalization has provided the transparencies and dependencies that are now critical.