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tebs213

02/05/10 12:09 PM

#21682 RE: TheInvisibleHand ™ #21681

Probably the funniest part of all their BS, which you rightly mentioned in a post earlier today, is that all of a sudden the dollar is now the hottest thing out there. Did anyone think it would just fall forever without any positive days, weeks, months? Could that possibly have happened no matter how bearish one might be on the US dollar? It is still in deep trouble long term, it makes no sense to put your money in the dollar in the medium to long term. People are scared right now, so they run to their old safety net. This can't last. I can't wait to turn on Bloomberg in a couple months and look back on today's posts. Put your money in the Brazilian Real or the Swiss Franc if you want your capital to work for you (I wouldn't touch the Euro though). Maybe you can make some money very short term with the US dollar, but I say go long on the US dollar if you have no patience or guts.

TheInvisibleHand ™

02/05/10 1:25 PM

#21683 RE: TheInvisibleHand ™ #21681

9854 is my guess low end short term