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


To: Joan Osland Graffius who wrote (51645)5/17/2002 9:07:36 PM
From: t2  Read Replies (1) | Respond to of 65232
 
Joan, Here is the article making a case for a rally in Dow in the event of a currency devaluation.
Another SI poster pointed out to me that the Dow gained in the 1980s while US dollar declined.
However, back then we were dealing with much higher interest rates. I don't know if that changes things as there is no room to lower rates to help the market at this point.

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