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

To: mishedlo who wrote (66499)	10/7/2003 1:20:21 PM
From: Real Man	Respond to of 94695

I think if the Japanese just stop buying, it will plunge. If they sell, I don't want to think about it. Looking at stocks, folks think it's good, and the dollar will devalue gradually, raising profits for domestic companies, who will sell abroad. The trouble is... US is 80% service economy, 20% manufacturing. Relative to the manufacturing part, the trade deficit is enormous 35%. I think it is these expectations that will be crushed, not the expectations of lower dollar. All the talk about letting the dollar devalue is to make it appear as if they all "want that", and it is all in control. The dollar has been sliding for 2 years now. So, did they notice? Why all of a sudden it's now that it has to be devalued gradually? Hasn't it been doing just that?