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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: High-Tech East who wrote (26170)	12/15/2002 10:39:45 PM
From: TobagoJack	Respond to of 74559

Hi HTE, Unlike some on SI, I try to find major points of agreement with fellow and fellowette posters rather than minutia points of contention. I did not have to try very hard to agree with most of the linked post. My only issue is: <<In Trade Weighted terms currency movements in 2003 will be as follows: Euro - Stable GBP - Down US$ - Down Yen - Up Yuan - Up A$ - Stable>> I believe Yuan will go down with the US$, not because it has to, but because it will, just is and just so, embracing a USD-centric world, until the end of time, or perhaps just before:0) I believe the Yen will go up, and then down, then down some more. I believe the dollar will go down, then up, and then down once again, followed by another down, against gold, at least. The perturbation in world financial markets and economic space is simply a perfect time for all governments to do their respective dirty laundry and cleanse soiled policy mistakes. The lights has been turned off in the crowded bar full of gun-toting revellers;0) Chugs, Jay