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To: Robert Rose who wrote (126350)	6/11/2001 1:21:59 PM
From: craig crawford	Read Replies (1) \| Respond to of 164684

>> craig, why do you see a currency onslaught approaching? << for all the standard reasons, which are being ignored for the time being. rising trade deficits, rising interest rates, rising inflation, fleeing capital. i do think there is more strength in store for the dollar near-term however. we have to go higher before we can go lower. the dollar is a giant bubble just like the nasdaq was, and sometimes to pop the bubble you have to blow it up too big first. so i expect panic buying of dollars before it tops out. that's how bubbles usually end, with a powerful rise after every last person can't get enough of something. only then do things usually collapse.