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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: lurqer who wrote (18820)5/5/2003 12:26:36 PM
From: lurqer  Respond to of 89467
 
Fluff Rally

quote.bloomberg.com

lurqer



To: lurqer who wrote (18820)5/5/2003 3:04:36 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 89467
 
next US$ support level is about 95.5
funny even hilarious who Wall Street is spinning the dollar decline as positive for multi-nationals now
this is highly deceptive

the dollar decline has 10% positives, 90% negatives
they cited the positives quickly and responsibly

I wont cite the negatives here
I have been doing so for over one full year here on SI
the most immediate will be higher production costs, energy costs, reduced spending, loss of jobs

but at least Gillette, Coke, and Proctology Gambled will translate some better foreign operations results

/ jim