Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (68501)	2/3/2004 11:19:21 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Yeah, but you got to be careful there too, IMHO. When the dollar goes down the drain, the rest of the world will be in one heck of a deflation. I think the usual applies - if you see foreign stocks as "expensive", you should not buy. And, most of them are in fact very expensive. Except Japanese stocks. These can be bought, although it is not yet clear if the LT bear market has seen its bottom, or there is another wave coming. The long-term risk is small over there IMHO. I think natural resources (and ADRs in countries producing them) will do better for now, and I think Japan may not have seen the bottom - it will come after USD goes down the drain against Yen. Foreign equivalent of treasuries would be a good buy, in countries that have prudent CBs, such as Australia. But then again, it's a commodity-producing country, so Australian ADRs should do good as well. And, a lot of CBs just follow easy Al.