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Strategies & Market Trends : 50% Gains Investing

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To: Cogito Ergo Sum who wrote (83153)10/7/2009 11:07:12 AM
From: Keith FeralRead Replies (2) of 118717
 
The weak dollar almost creates some level of market protectionism. I remember your comments about the exchange risk a couple months ago. Thought it would level out by now, but apparently it hasn't. I wonder where this market would be right now if the dollar was stable and the US markets could attract more foreign investment.

I have to keep myself from even turning on CNBC these days, since they keep ranting about the dollar. They keep tracking any intraday spike or decline in the dollar to the equity markets. I'm not really sure if that's the case or not, but it makes sense to some degree if people are selling stocks and buying dollars in return.

Other than that, it's just the carry trade running it's course as usual.

Interesting to see crude take a breather on the bullish inventory reports this morning. The breakout in gold suddenly has everyone calling for $90 oil next year.
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