Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (7218)	8/16/2001 3:14:58 AM
From: TobagoJack	Read Replies (1) of 74559

Hi Maurice, <<I assume 71% US$ is what you have?!! I don't understand that other than that you expect a stockmarket crash rather than a US$ tumble>> ... my lunch time treasury operation today lowered my USD cash as a % of total cash from 71 to 63%. Biggest single step so far this year. I do not like sudden moves and I do not generally care for currency positions away from the aircraft carrier protected USD. My company's cash hoard which I am also responsible to shuffle around and away is at a low 30% USD. We are anxiously expecting a wallop of a jumble cash proceed to come in before the end of January 2002, but alas, all in USD, and so an immediate crumbling of the Dollar would be most unkind :0( Considering borrowing from the bank an equivalent amount (ah, but in what currency?) to the expected jumble proceed and exchange it for other government's promises. I do not like sudden moves but I some times do. Life is so very complicated at times. Chugs, Jay

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next