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Re: Bobwins post# 12730

Monday, 02/11/2013 10:42:05 AM

Monday, February 11, 2013 10:42:05 AM

Post# of 17751
Bobwins: Aussie market

Thanks very much. On the East Coast the time frame would be 6:00 p.m. to midnight. I think we have some cable business channels that show the Asian markets when they open. You can find out whether they are "up" or "down" and what is happening in general.
This will be an interesting new challenge.

(It is good to own Aussie dollars and/or stocks as a hedge against U.S. inflation with a potentially bad drop in the U.S. dollar. Canada is well covered in my portfolio. Japan I don't like because they are so exposed to the U.S. market--think cars--though they are selling them like hotcakes/flapjacks in China. But the Japanese-Sino saber rattling over islands is troubling. Germany is another possibility. The name of the game is international diversification until the U.S. straightens out its finances. JMO.)

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