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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Robert Douglas who wrote (10442)7/17/2002 2:37:21 PM
From: Jim Willie CB  Respond to of 10921
 
people totally overlook possibility of foreign TBond sales
round #1 foreign sales of stock (or no new buys)
round #2 foreign sales of bonds (and fewer new buys)
our federal debt is rising, just when it had become flat
hey Hans, wanna buy some TBonds with falling dollar???

also, gradual rise in prices from dollar effect on foreign imports
it will be gradual, with Asians absorbing losses initially
but not if & when the dollar continues down
you dont address this
in fact, you write as though the dollar effect has ONLY positive effects
if it was so positive in rising US$ envmt, why arent same factors working against us now?
e.g. falling stock market
I can think of a dozen declining dollar effects
the great majority of them are negative
remeber that this country depends on foreign debt funding

I dont have the debt level links, but will search
read such data several times
debts also came relative to income, which is the more relevant for corporations and households
corp debt and household debt versus GDP is meaningless
but federal debt is versus GDP
let me get back to you on that one
(sneaking in a post now & again at office)

check DowJonesUtility index... tell me why it is falling
/ jim



To: Robert Douglas who wrote (10442)7/17/2002 2:58:55 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 10921
 
another datapt: rising US debt service now 72% of GDP / jw



To: Robert Douglas who wrote (10442)7/17/2002 3:16:12 PM
From: 16yearcycle  Read Replies (1) | Respond to of 10921
 
Notice there were no links. The relative and various debt levels aren't much different. Anyone thinking we are trading on fundamentals anyway is a nut bag, or really naive. There is no sense arguing with someone who can't see it, I have been trying for a couple years, it's a horrible waste of time. Bear markets trade on ta driven by fear. In bull markets ta will suppress your results and a bull trades on fundamentals, multiplied by optimism about the future.

The old adage about bull markets having no resistance and bear markets having no support gives the flavor of this.

Just mo. Watch how they try to give us an evening star today so they can try to cause a collapse tomorrow on a gap down.