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Reply #34: Dollar fall will actually cause stocks to fall. [View All]

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mbperrin

(1000+ posts) Send PM | Profile | Ignore

Wed Dec-29-04 11:19 AM
Response to Reply #32

34. Dollar fall will actually cause stocks to fall.

US citizens holding stocks in dollar denominations won't notice any difference in absolute value. Those holding from other countries will notice that value is falling relative to their own currencies and local stocks, so they will sell. As more foreigners sell, stock prices will fall. This is why Bushco wants to rob social security - to prop up the soon to be in the 7000's (or lower) market!

Here, I'll make it official - without robbing social security, the DOW at 7,000 by next December 1.

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