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

To: Kushi Kullar who wrote (17685)	3/24/1999 8:00:00 AM
From: Bosco	Respond to of 18056

G'day all - Kushi, that's the beauty of it [re: unrelated proxy,] the author[s] can always claim validation <G>! Having said that, without making things more complicated that necessary [why, otherwise someone may very well use Quantum Mechanics as a new econometric model [any taker? Zeev <G>?] certainly there are inherent relationship between an ultra strong dollar and the economic fortunes. Anyway, I don't see a whole lot of credence of the article when it claimed With the election of Ronald Reagan as President, suddenly the sense of competition entered the national debate. While many fought Reagan's tax reforms, in the end his policies restored America. Instead of bucking the business cycle, America began to embrace it. and simply ignored all the hard work Mr Volcker did. Therefore, AFAIK, the whole article is built on faulty premises best, Bosco