Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (37842)	4/3/2001 11:09:11 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 50167

fOLKS RELENTLESS SELLING GOING ON HERE..NO LONGS..NONE!!!! QCOM GAVE A SHORT SALE TRIGGER AT 50 1/2...IBM AT 93 1/2 AND ALL THE REST ARE ON THE MORNING E-MAIL...POSTED HERE..

To: Crystal ball who wrote (37842)	4/3/2001 1:24:07 PM
From: oldirtybastard	Respond to of 50167

you are a kook

To: Crystal ball who wrote (37842)	4/4/2001 3:01:40 PM
From: jmootx	Read Replies (2) \| Respond to of 50167

Crystal the strong dollar policy has been a failure. we have no choice but to gradually deflate the dollar. Now that investment credibility with foreign money is shot by this tech bubble---which is the big reason for stocks declining--foreign money repatriating. Without foreign investment, then our trade deficit is a big liability. A big reason for the productivity was bad investment policy--Rubin, Clinton influencing Wall Street to get this large amount of tech into the market despite the risks. Now nobody wants it and massive deflation of those assets is under way. The dollar is going to fall on its own. A weaker dollar will prop up our base of multi-nationals consumer and basic industry companies---still the best in the World. That would be a smart strategy, since we don't import bottles of Coke and equipment and chemicals for the most part. More even currencies with some advances in trade policy would be smart. Fact is we must export as well---this idea of save the world by us importing everything is a disaster--negative savings rate, huge trade deficits. there is no way to sustain that bad policy---equities in the US are always the first to go before the rest follows.