View Single Post
Old 12-08-2003, 04:39 PM  
davidd
Confirmed User
 
Industry Role:
Join Date: Jul 2003
Posts: 1,076
Quote:
Originally posted by $5 submissions
The dollar is going to recover. It always does. The only question is whether you've exploited it's current weakness by investing in US stocks (see recent Dow rally).

You are not looking at the fundamental reasons for its decline. Any meaningless gains in the US markets was trumped by the fact the money you have sitting there is losing more value each day. I will take my 30%+ gains in my Euros over short lived gains in the DOW. Still time to make much more, or lose less, depending on the way you view dumping the US dollar.
davidd is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote