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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (47218)	4/4/2002 9:59:13 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 99280

Mish, I am not sure what you want me to say, i have said a number of times that the "signal" for the dollar to start and weaken and cause economic problems will occur when our monthly current accounts deficit will reach $40 B per month for few months, that will be exactly the 5% of GDP this article is citing, why are they so late? have been discussing this future event for more than a year now. It is not yet here, and i don't expect it until the second half. Impact on the markets may be delayed until well into 2003 (late), gold will break $330 if that happen before the equities market will be driven by such events. One of the many "background" reason I have stated numerous times that the markets will be locked in a wide range for a very long time (see, for instance #reply-13483082 from April 2000, two years ago) barely breaking the upper hand (head fakes) few times in between. Zeev