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Technology Stocks : Full Disclosure Trading

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To: Sarmad Y. Hermiz who wrote (8890)5/6/2004 2:54:41 AM
From: Sam Citron  Read Replies (1) of 13403
 
OT Sarmad

I am asking myself a question I have never previously pondered in my 35 years as an investor: In what denomination should I hold my assets?

If Thomas Friedman's observation in today's NY Times that "I have never known a time in my life when America and its president were more hated around the world than today"* is accurate, is it really any wonder that those in other nations should be somewhat reluctant to buy American securities at this time? I'm worried they may even start to boycott American-made goods. This comes at a time when, due to our huge deficits, we are more dependant than ever on the good grace of foreigners.

* nytimes.com

I hope I'm very wrong about all this, but am afraid that the financial effect of all this animosity toward America, and our perceived loss of moral leadership could be worse than even 911, which, if anything, initially brought so much sympathy for the US. So I have decided to stay mainly in cash until I see how the election turns out. The question is what currency or denomination assets?

Appreciate any input, especially criticism of my assumptions and reasoning.

Sam
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