Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (7033)	1/30/2004 12:55:16 PM
From: Christopher Loe	Respond to of 108928

I really should have waited; however, very good support at 12.00 & I am willing to go there & double up if necessary, prospects are looking very good for this company, I think wireless will continue to do well. Chris

To: Roebear who wrote (7033)	1/30/2004 1:51:11 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 108928

thoughts on upcoming G-7 Meeting by Chris Temple While yet another knee-jerk reaction to the GNP number could come, two meetings loom which in the grand scheme of things will tell us far more about what to expect for the foreseeable future. The first is the G-7 meeting scheduled for February 6-7 in Florida. The fur is expected to fly over how the dollar’s essentially unchecked decline has threatened Europe’s exports, as it has led to record highs in the euro versus the dollar. Incredibly, though, the U.S. might end up largely as a spectator, as Europe seems to be far more upset with both Japan and China than it is with Uncle Sam! Apparently resigned to a prolonged weakening in the dollar, Europe will be making the case that it should not be bearing the brunt of the dollar’s decline virtually alone. It will browbeat Japan for intervening so heavily to keep the yen’s ascent against the dollar relatively modest. It will also (as Washington has already been doing) throw rhetorical barbs at China for “unfairly” keeping its currency, the yuan, pegged to the dollar. China won’ t have to endure any of this in person, but Japan will. I won’t even hazard a guess as to what might come out of this latest gathering of the world’s most notable financial ministers and assorted other pooh-bahs. Remember, though, that it was the LAST G-7 meeting several months ago that actually helped to solidify the dollar’s bear market. My gut tells me that something different will come out of them this time; but just what-and how the markets will react-is unknown. I have to believe, however, that traders will be hesitant to make any major bets one way or another right now. www.nationalinvestor.com / jim