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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (11175)7/9/2001 12:16:56 AM
From: donald sew  Respond to of 52237
 
Haim,

Since we are on the topic of the US DOLLAR, Im already hearing a positive spin put on a decline in the US DOLLAR. Yes, a lower USD will help US manufacturing/exporting firms since US exports will become cheaper.

What many dont realise is that it wont come overnight to regain lost business. Cheap cargos like wastepaper/paper products may see immediate return of biz, but a container of wastepaper which is worth $500-1500 aint going to help that much. The high paying cargos like road building equipment/machinery will probably take a long time to regain. Not that the US builds alot of ships, but for illustration, a 4000 TEU containership takes about 3 years to build. My point is that contracts for lost business on high paying cargoes will not be regained immediately, and in certain cases may take a long time, in some cases years.

Ordering a CAT bull dozer is going to take longer than ordering 1000 pairs of shoes. gggggggggggg



To: Haim R. Branisteanu who wrote (11175)7/9/2001 5:52:53 AM
From: ru2  Read Replies (1) | Respond to of 52237
 
Haim, I am having a great time in Buda and am not even thinking of leaving until winter. I am thinking I should convert most of my spending money from dollars into what I am not sure. Do you have an opinion on the stablility of the Forint? I know more about the man in the moon than I know about Forint, except that I spend them with nice people. After looking at the Euro for a couple of months I have admitted to my self that I do not know any thing about the currency markets, except that the dollar cannot stay this high forever. I am thinking of converting to marks because it is a currency I have experience with from years ago and I am not current on the political problems with the Euro.

Ru