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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (61556)	12/17/2002 3:51:03 PM
From: Oeconomicus	Read Replies (3) \| Respond to of 94695

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. Hey, Lizzie, I've said it. Right here, I think it was. Are you ignoring me? ;-) PS: Not a good follow-through today, eh? Hmm. People were trying to open their presents a tad early, maybe. Santa rallies usually come the week AFTER x-mas, don't they?

To: Lizzie Tudor who wrote (61556)	12/17/2002 4:57:11 PM
From: yard_man	Read Replies (1) \| Respond to of 94695

wrong reasoning concering the dropping USD -- reduction in the apparent value of US financial assets of foreign holders is the primary effect and don't forget who is consuming most of the widgets produced. Foreigners aren't on a consumption binge fueled by a massive accumulation of debt ... add increased prices to an already overleveraged consumer who already has two new cars at 0%. Good luck, buying stocks on that basis.

To: Lizzie Tudor who wrote (61556)	12/17/2002 10:10:39 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

Thanks, I think others may have suggested the benefits of a weaker U.S. Dollar before, but it does seem to fit here... but also, let's look ahead for a moment to next year and see what improved exports would mean... if the weaker Dollar works for U.S. exports this time around, then the quarterly earnings reports next year will have many upside surprises, this will fuel a rally even prior to the time those earnings reports are due and made public... these markets could chop around, but I'm now more convinced the bias has to be higher for the next few months, maybe into the end of the first quarter at least... GZ