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

To: Haim R. Branisteanu who wrote (61786)5/4/2002 5:19:11 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Haim, Looking forward the economy is on the path to recovery but a slow one and much will depend on Bush policies to ward the ME. Already caving in to the Saudis demand has hurt the USD and the US stock market.

I think this is a good point, but it's too early to tell what the lasting effect will be, IMHO.

If kissing up to the Saudis now is simply the price Shrub feels he has to pay in order to set the stage for taking out Saddam, then the long term benefits, both to the economy and the country as a whole, will be well worth the temporary disruption, (again, IMHO).

If not, I may start buying gold and storing it in a floor safe.

augie



To: Haim R. Branisteanu who wrote (61786)5/4/2002 7:34:23 PM
From: Zeev Hed  Read Replies (2) | Respond to of 99280
 
Thanks for the 2cents Haim, you may be right about the market being confused about Bush confusion on the mid-east causing premature turn down of the dollar. I did not expect a major tun in the dollar until our balance of payments reach somewhat more staggering proportions...

Zeev


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