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

To: John Madarasz who wrote (37142)6/19/2002 12:10:13 AM
From: Square_Dealings  Read Replies (1) | Respond to of 52237
 
I think the Fed would like the dollar to come down slowly. The problem is that once its clear thats the direction, its hard to control a free fall if it gets going.

So they hired O'Neill to repeat endlessly that he's in favor of a strong dollar. Meanwhile he's throwing government employees and civil service retirement funds along with the kitchen sink at the stock market.

US financial system is a house of cards imo.

M.



To: John Madarasz who wrote (37142)6/19/2002 7:46:38 AM
From: Lucretius  Read Replies (1) | Respond to of 52237
 
fine, that's your opinion but by what mechanism does the fed prop up the dollar... huh????

sure the fed can print dollars and try and prop up stocks.. but you can't support the dollar against the euro by printing more dollars


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