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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (62062)4/16/2005 6:47:46 PM
From: Snowshoe  Read Replies (1) of 74559
 
>>My short positions, comprised of housing, sub-prime, internet, and retail, both direct and via long LEAP puts, are officially in the money now.<<

Congrats, Jay!

>>I think DOW is on course for 5,000 and under, and the Dollar will also collapse by another 50%, bring a semblance of balance at 75% death-level discount across most asset classes via galaxy-wide re-pricing.<<

So the USD will rise vs. Dow and US housing, but fall vs. what? Euro? Yen? Renminbi? Loonie? Aussie? Oil? Copper? Base metals? Gold?
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