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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (15867)8/7/2002 11:12:17 PM
From: Jim Willie CB  Respond to of 23153
 
I never said I invested in Eurodollars
instead, if you were inclined to read carefully,
you would see that I was inquiring as to the precise nature of Eurodollars

I suppose Eurobonds would give the best exposure to Swissy currency appreciation

thanks, I think
I cannot tell in this medium if you are really sarcastic or not

you assume foreign customers will still be standing when the recession emerges with teeth
and assume that US rates will remain low when foreigners soon begin to sell Treasurys
and assume that massive US stock selling will not unfold from whatever reasons (war, bank derivative problems, continued bankruptcies, something is brewing)

because if any of the three occur, YOU ARE TOASTED

I expect all three to occur
my exposure is longterm with gold shares
first stocks get crushed
next bonds get crushed
then real estate gets crushed
few survivors as the Strong Dollar policy reverses and unwinds

are you aware that the US S&P, the German DAX, and English FTSE all simultaneously are showing the more dire bearish Head & Shoulder bear breakdown patterns seen in 20 years ???
/ jim