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


To: energyplay who wrote (32103)4/22/2003 3:40:41 PM
From: KyrosL  Read Replies (1) | Respond to of 74559
 
Dollar action doesn't support that idea. There is plenty of money in money market funds here to support large bear market rallies.



To: energyplay who wrote (32103)4/22/2003 9:05:47 PM
From: elmatador  Read Replies (2) | Respond to of 74559
 
Currencies that are appreciating against the USD according to Bloomberg ranking: (until Apr. 15th)

1) Brazilian Real 17% this year.

2) Argentinean Peso

3) South African Rand.

Further, the CAN Dollar and Aussie dollar reached a 3-year high against the USD yesterday.

2) Speculators questioning HK dollar pegged exchange rate's ability to weather SARS may have people running away from the HK dollar.



To: energyplay who wrote (32103)4/22/2003 9:41:02 PM
From: elmatador  Respond to of 74559
 
It was supposed to be: Asian economies set to recover: Shift in funds away from US to region

Message 18236919

Someone must have said: "Hey this is not good!!"

Big bomb in Bali and see what happens. No. Funds will still go to Asia even if tourists are scared of a bomb.

Hence SARS scare. I think SARS will revert back the funds to the US form the region.