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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (76938)	5/13/2001 7:23:10 PM
From: American Spirit	Respond to of 99985

The dollar remains the strongest currency in the world. Rock solid. No end in sight to that. So when you say "printing money is scary" don't forget that paper is really worth something. And everyone around the world wants it. SO perceived value IS value. Dollars buy more and more and more of everything around the world but oil which is itself a dollar-based form of currency. And not all that oil money is going back to Saudi. They re-invest it here. And our oil companies take a big cut too. Which is why I own some oil stocks as a hedge.