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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Perspective who wrote (2148)6/7/2003 12:02:06 AM
From: LLCF  Read Replies (3) of 4904
 
Assuming your short is priced in dollars I think the first part of your argument is looking at the problem sideways.... the next part seems to hit it on the head.. that the declining dollar makes shorting companies a bad idea... ie they will rally vs the declining dollar. But assuming you pick a stinker [the S&P? LOL] and are correct, or even 'flat'... you are not long and do not lose double.

Cool rant though... agree with your premise at some point, but for now with current economic situation:

I'm wondering about the plummeting dollar with unchanged to DOWN earnings [in dollars]?? Seems to me the market could be WORSE than owning the dollar if those earnings don't turn around. Why??? Other than sky high valuations unless earnings really take off, if you're a global or even US investor and that dollar keeps getting printed there are going to be other places that look pretty good for your money unless the equity market keeps going balistic [making it ever more overvalued]... once the selling starts.....?

Wonder what's worse... worthless paper or overvalued shit denominated in worthless paper?

DAK
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