The U.S. Dollar

Most observers that we hear or see are somewhat adamant that the U.S.$ is going to go down. The difficulty is that it keeps on going up - which has been our view for many months. So there!

Our reason for the bullish view on the U.S.$ remains that the EU is not doing very well; slow growth and very high unemployment rates. And now as far as the rest of the world is concerned they have high prices; not good. We think the Euro will continue to decline. Our list (and ratings) of the 30 Dow stocks is very popular if you would like to get it just email us at fraserratings@yahoo.ca