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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (225216)	10/17/2009 2:46:34 PM
From: Skeeter Bug	Respond to of 306849

bc, i got torched during the run from 880 to 975, but that was my fault. live and learn - and i learned. ;-) marc faber thinks there is a chance the dollar crashes sufficiently that any down tick in the markets will be muted (dollar worth 50% means market worth twice as much i nominal terms). i can just picture baghdad ben envisioning destroying the dollar to prop up markets. you know that's his plan. he might be right, but i still think this market has to eventually reflect the economy and i don't think they can stretch it out past march, 2010 - at least not at these levels. but when... i'm watching and hopefully i get lucky. i think you have to keep cash in something like fxe or in emerging market currencies b/c the dollar has to depreciate about 4-5% annually RELATIVE TO OTHER CURRENCIES in order to cut the debt levels down. i think the buck is down 14% in the last 6 months against the euro. i think it keeps dropping until our goods get so cheap foreigners buy them - and that might be a ways down from here - maybe even in the 50s (down from 75). i've learned doing nothing is ok - and it is a whole lot less stressful than fighting the printing press in full effect and a casino populace that enjoys playing high finance chicken.