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Re: punkle post# 106958

Monday, 05/12/2003 8:58:00 PM

Monday, May 12, 2003 8:58:00 PM

Post# of 704019
Don't worry. Most likely by 4 AM, the dollar will be scraping along at the 94 level again (yesterday morning, 4AM, the dollar was at 94.1.) Greenspan is in a god-awful hurry to make the mutinationals' goods and services cheaper over seas. It's the only way that their balance sheets can catch up to their share prices. As things stand now, in many cases, it will take companies 35-40 years just to earn back what people are paying for one share of stock. Just goes to show how many suckers there are who will plunk down their hard-earned money for fancy pieces of paper or black-and-white leger entries.

schloss
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