SI
SI
discoversearch

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.
Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: blind-geezer who wrote (44000)9/20/2007 10:10:22 PM
From: TH  Read Replies (2) | Respond to of 60903
 
bg,

Honestly, don't you know they, THEM, those guys, want the dollar lower?

The dollar will not be back for a while. How long? I do not know, but not weeks. Maybe not months. Critical support has been broken and now the other guys (not our trusty guys) have to make difficult decisions. Do they hold their pegs, official or de facto, or do they pick those Euro guys?

The 1/2 surprised me, but as I've already said, does the Fed (with their vastly superior data) see a monster that I cannot see? Is their monster bigger than my monster?

Is Ben just another political puppet?

Is a weak dollar the better choice to the possible alternatives?

Shorts in certain sectors will do fine. I would avoid anything with strong export potential. More cuts could cause some pain, but I don't see enough data yet to think an October cut is possible. Maybe Dec 11 will bring a 1/4. We must watch the data, for that is what Ben is watching. It may be all he knows.

GT
TH