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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: gumnam who wrote (37515)8/28/2003 2:31:26 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Gumnam, Ok, you scared me because I was terrified aplenty beforehand (prefer CAD to AUD, but am also nervous about CAD due to SARS return), and so I did Message 19252161 , and then I had lunch with an astute visitor from Australia, got some stock tips (I will implement by and by over the next few days and notify accordingly) and was comforted that (a) Aussie economy is still sound, (b) Government has no debt, (c) Fiscal budget is in surplus, (d) FDI investment flow shows up as a deficit (I may be wrong on this, but does not matter).

So, bottom line, my AUD cash mostly left that lucky country, for now, and whatever is left behind will be wagered over the next week or so, and what wagers already placed there will remain there.

Chugs, Jay