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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (24044)	6/4/2006 6:30:33 PM
From: Carl Worth	Read Replies (2) \| Respond to of 78714

i thought the saying was "the sky is falling" what a joke did you notice where he said his bank stock exposure is actually higher now than previously? oh wait, the US economy and dollar and way of life will collapse, but RBS will thrive because the UK will somehow flourish while the US is in a depression, right? LOL...whatever

To: Rarebird who wrote (24044)	6/6/2006 1:14:37 AM
From: Spekulatius	Respond to of 78714

The US$ was very overvalued in 2002 relative to the Euro but since 2004 the Euro/US$ remained more or less unchanged despite the recent losses. The trouble with the US$ crash theory, is that the US$ has a pretty good buying power at current exchange rates. If you don't believe me travel to Europe or Japan and you will find that the US$ does not go very far there. On the other hand, the US is quite cheap for visitors from these countries, so in my opinion the US$ is undervalued in this respect. finance.yahoo.com Regardless this has very little to do with the business of our small thrift operation in Southern New Jersey...