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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jim Willie CB who wrote (4153)12/30/2003 8:18:00 PM
From: Jill  Read Replies (1) of 110194
 
A while back Templeton said the $ would fall about 40% and buy Aussie or Canadian $. Soros also made an easy bet against the $. Seems to me in a global economy the "insiders" know what their buddies are doing and why. I sort of agree w/ the article Kailash quoted although I wish I could've held my cash in euro's or even aussie $, but I only recently switched some $ to Interactive Brokers. Fidelity doesn't let me do that in my cash account. And I'm not sure the $ will fall a heck of a lot further.

Meanwhile, I did the crazy thing of buying OTM rambus leaps a few days ago and they are up 30% but I'm just going to hold hoping for bigger profit, altho I really should've sold today. I know how risky this is and it is not at all a good overall approach. :-)
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