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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (8778)	8/30/2006 10:06:24 PM
From: Moominoid	Read Replies (1) \| Respond to of 217652

I will likely progressively short more of USA, hold the USD cash for interest payment. So now you are bullish on the dollar? Or just the interest rate? Was just e-mailing today a broker/manager guy who provides access to some pretty good US money managers from a certain point in the Middle-East. We are thinking of transferring some money to him and he wants to know what I (in advisory capacity) want to do with it. Well I told him that with increasing signs of recession or slowdown in the US I want to hold it as cash or in government bonds for a while before directing it to some of his managers. But then I thought that that means we will be selling Sterling and Euros (which the money currently is in) and buying USD. And then I began to have second thoughts about that. Then I thought - well it's better than buying USD in 2002 :) Currently we have 37% in USD in that portfolio and would be going up to 46%. So maybe that is not so drastic?