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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (11974)	12/20/1997 8:01:00 PM
From: Real Man	Read Replies (1) \| Respond to of 18056

I would just watch those foreigners and the buck with respect to other currencies. If the buck starts to slide, the foreigners might sell the stocks and bonds. If the FED would want to defend the dollar (which is not likely currently - the dollar is so strong, it hurts), it will raise the rates. I think it is likely that the buck starts to slide. I'm would be looking at other currencies as a buying opportunity. Surprise - SEA currencies. May be wrong, though. And at least not yet. The British pound did extremely well after the speculators' attack. What do you think? If the buck slides, both bulls and bears will lose... -Vi