Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (834)	10/10/2001 6:14:47 PM
From: craig crawford	of 1643

a month old, but i want to put this man's recommendation on the record. What to do when the markets reopen marketwatch.com The aftermath could be a positive for the markets and stimulate stock-buying if investors feel galvanized, Baltimore money manager Barry Strudwick said. "Usually when we have a situation like this, the best thing to do is nothing." Strudwick is among the financial advisors who recommend selling a small portion of dollar-denominated holdings in favor of commodities. See Thom Calandra's Stockwatch on crisis investing. In light of Tuesday's events, Strudwick advised shifting 15 to 20 percent of dollar-denominated stock holdings into hard assets, such as natural resource plays Rogers Raw Materials Index or Oppenheimer Real Assets Fund (QRAAX: news, chart, profile). The value of the dollar will rise initially after Tuesday's terrorist leveling of one of capitalism's grandest symbols, but then drop as global investors remain concerned about the prospects for the sagging U.S. economy, Strudwick said. "I'd advise people to increase holdings in non dollar-denominated assets after an initial spike."

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