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To: Louis V. Lambrecht who wrote (16962)8/17/2003 9:29:19 AM
From: tyc:>  Read Replies (1) | Respond to of 39344
 
>>To my discontent as I am short the Dollar.

Would you please say what is meant by the phrase "short the dollar". How exactly have you accomplished this ?

>>Shouldn't be driving 100% invested in this fog.

I am 100% invested and I have never felt so sanguine*. This has been achieved by using some measure of value other than the US$, which is a "yardstick whose inches keep varying in size (some yardstick!)". Money, especially US money, is very risky: I avoid it like the plague. (To see what I mean historically, turn any good stock chart upside down. What you see is the value of cash declining when measured against that other asset !)

* "Where ignorance is bliss 'tis folly to be wise."



To: Louis V. Lambrecht who wrote (16962)8/17/2003 3:30:54 PM
From: crustyoldprospector  Respond to of 39344
 
Louis,

Thanks for the response. Yes, dollar details have confounded me a bit, too. However, seeing that down channel (actually, a bit of a wedge perhaps) and looking at what "highs" and "lows" of the waves were, literally, from a different angle made me sit up and take notice.

Regards,

crusty