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


To: TobagoJack who wrote (34034)5/20/2003 6:04:54 AM
From: Maurice Winn  Respond to of 74559
 
Jay, I believe and In Al I Trust. Some USA manufacturing needs a near zero discount. But QUALCOMM idea manufacturing seems to be working well at these levels and was working well a decade ago too and at levels +/- 25%.

Well, "dump" the US$ is a slight exaggeration. But they've already done a lot of that. I don't think NZ is worth more than the USA so at some stage away from zero, the Kiwi$ will stop rising against the US$. I'd say it's running out of steam now.

If GE and the Dow and much of the USA heads for the near-death discount, I suppose I'll just have to go shopping. With my little Tonka Truck of Uncle Al's $$s I'll be able to buy GE, J P Morgan, all the houses in New York and maybe they'll throw in the Statue of Liberty too as a sweetener, Boeing, Northrop, Globalstar, Global Crossing, Yahoo! and eBay. Well, maybe not eBay because its near its highs of the good old days so no bargain there.

If they don't head for your scripted hairy legged discount, I guess I'll just have to go shopping for materialistic consumer goods at the Lexus store and take a trip to Akihabara to load up on the latest.

Mqurice