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Strategies & Market Trends : Investing during a Bear Market -- Ignore unavailable to you. Want to Upgrade?


To: Alfred W. Post who wrote (82)11/10/1997 12:50:00 PM
From: bob smith  Read Replies (1) | Respond to of 226
 
Alfred,

>>I changed my $ for Fr. 4.30. Had I kept them - what
a loss. They are worth now Fr. 1.40-1.50. But I think this devaluation should be
looked at differently. During the after the war period until 1971 US firms were able to
buy foreign firms with their high priced $ cheaply. And they did a lot of buying <<

You were lucky there..!
Similar situation I'm in, but haven't made my "U" turn yet..

Do you see any chance for this scenario to happen again?

Bob