Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (13161)	7/1/2002 9:25:45 AM
From: robert b furman	Respond to of 19219

Hi Terry, If the dollar's decline resulted in foreigners repatriating their money - why would it not also be seen in the bond market? Bonds have been bid up to recent new lows to such a degree that some are even projecting the fed to drop rates AGAIN and at 40 year lows. To me this is a disconnect.Our dollar dropping to parity with the Euro puts us on a level playing field and that makes us the first engine of growth out of the recession. Ditto to Japan - except they're intervening to just stop the recession - growth is just a hope there. I think we see a flow of funds in general out of the equity markets into safety of bonds. With a general awareness of manufacturing health continuing,that transferred money will find equities quick enough and albeit at nicely higher price levels than now. JMHO Bob