Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: James Hutton who wrote (225875)	10/23/2009 9:14:51 AM
From: ChanceIs	Read Replies (1) \| Respond to of 306849

>>>I think the carry trade will keep pushing the dollar a lot lower.<<< We are in total agreement. What is insightful about Roubini's comment is that so many have already piled in - and that they are all in the same trade....just like last year. A while ago I attended a lecture on farming. It seemed that with the corn subsidies for ethanol, all farmers were planting nothing but corn (I exaggerate). The problem there is that if a bug, parasite, disease etc gets into the corn, it will spread across the country and wipe everything out. Just like last time with the Yen carry trade. Wall Street ever learn??? I think I will stay in my crude longs for some time ... perhaps to $100 or $110. The Chinese do have the "wealth storage problem." I left a whole lot on the table last fall. Will be looking for shorting opportunities should we get back to $140. Very tough investing environment.