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

To: Paul Senior who wrote (35678)	10/12/2009 3:43:42 PM
From: Tapcon	Read Replies (1) \| Respond to of 78704

I had been tempted by WMT recently too, but decided against it. Unless WMT is actively hedging their currency risk, they may get hit pretty hard by the falling US buck, since they are importers rather than exporters. Don't they get almost all of their merchandise from China? But then, I remember expressing a similar concern over your purchase of Toyota a few years back when it appeared the US buck was tanking and Toyota blew away the domestic auto mfrs anyway. So take this cautionary note with a grain of salt!