SI
SI
discoversearch

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (61548)12/17/2002 8:28:05 AM
From: Trumptown  Respond to of 94695
 
OK...sounds reasonable...thanks

WIll be interesting to see how things unfold...dollar got hit pretty hard...morning stats are key



To: GROUND ZERO™ who wrote (61548)12/17/2002 11:59:37 AM
From: Lucretius  Read Replies (1) | Respond to of 94695
 
long yet, meat? -g-



To: GROUND ZERO™ who wrote (61548)12/17/2002 2:27:12 PM
From: Lizzie Tudor  Read Replies (3) | Respond to of 94695
 
you are so right...

A weaker U.S. Dollar will increase U.S. exports, this is good for U.S. companies, great for our trade deficit, a lower U.S. Dollar at this time is a gift to American investors... sure, it raises the price of gold in relation to the weaker U.S. Dollar, but only in U.S. Dollars... gold could still be declining in other currencies or not rising as quickly... keep your eye on U.S. interest rates also, I don't think we'll see any further lowering, maybe even an uptick or two from this point forward...

Amazingly, I think this is the only time I have read this sentiment (that a controlled dollar decline can be good for stocks) on any of the trading threads. In the early 90s a declining dollar was great for tech stocks, selling into asia. Today asia is the largest opportunity again, except this time it is china with 10x the potential than asian markets of the past. I am in favor of a dollar decline from here... assuming most international money that was sensitive to the issue has pulled out already anyway.

I agree a dollar decline is a drag on stocks but you have to weigh that against the potential of increasing sales- in 2002 we had declining dollar and declining sales which was deadly but that is likely not the case going forward. fwiw
Lizzie



To: GROUND ZERO™ who wrote (61548)12/17/2002 5:01:13 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
our trade deficit will improve no matter what -- consumption has hit the debt wall. It will be reduction in imports that is the primary cause -- not an increase in exports.



To: GROUND ZERO™ who wrote (61548)12/17/2002 5:06:14 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
gold in other currencies:

sharelynx.net

you can click on other currencies, but the pt is -- the dollar is most important -- it remains the reserve currency of the world