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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (11973)11/7/2002 9:05:50 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57110
 
I know, I know, the US$ is dropping, blah, blah - g-

In the past, the falling dollar has been GREAT for tech stocks. I know mgmt in silicon valley is hoping for a weaker dollar, and the fed action seems like they want a weaker dollar. I'm not completely convinced there is a 1:1 correlation between the dollar and US equity prices either... seems like this year is the first I've heard of it. Trade deficit, I know I know.
Lizzie



To: Challo Jeregy who wrote (11973)11/7/2002 9:10:46 PM
From: Jorj X Mckie  Respond to of 57110
 
the fed is pumping, but the money supply is still shrinking. The fed is in a boat that has a hole in it the size of your fist and the tin can that it is bailing with just ain't keeping up.