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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (50937)5/3/2002 6:18:23 PM
From: stockman_scott  Respond to of 65232
 
Another victim of the tech spending bust...

biz.yahoo.com



To: t2 who wrote (50937)5/4/2002 12:47:38 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
Dow internationals will get hurt first by down dollar
foreign hot money is more important than the prospect of improved exports and currency translations of overseas operations
I expect a false rally in the internationals
hotmoney will use it as an open door to exit

here is the curveball that I see
as the dollar slides, smaller foreign economies will be hurt very very badly
their prices go up inside the US for our imported items
no, the declining dollar keeps the global recession DOWN

even stronger economies like Europe will be subdued
their exports will get hurt
this declining dollar scenario keeps the global recession CONSTANT AND STEADY

this is the nightmare wrought by an impostor USdollar store of value
this phoney store of value is printed 24x7 in the USTreasury
/ jim