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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (4188)	6/27/2001 7:40:58 PM
From: Hawkmoon	Respond to of 33421

Sounds good!! Btw, I was rehashing this in my mind, and thinking that with oil possibly crashing to $20/barrel, it might entice foreign interests to be less inclined to hold dollars as insurance against higher oil prices. Beat up on the dollar, down to maybe 112, strengthen the Euro, reduce inflation there with a stronger currency that permits the ECB to lower rates to spur growth and avoid stagflation... and give US exporters and farmers a break by easing upside on the USD. Really interesting how this macro-economic stuff works, eh? Hawk