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Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (59292)	11/14/2010 3:00:13 PM
From: Sexton O Blake	Read Replies (2) \| Respond to of 233809

Something I didn't point out. Personally for years my family (parents) drove and camped in the US - which is partly why I think I am more pro-US than most. Rarely took planes. From 90-94 I flew yearly to Vegas for a week. Now with a family of four it is a FORTUNE to fly anywhere. Yeah we can do "deals" but there are some places we will never go and those are the places where there tends to be deals. And for me personally, anywhere I am - I really prefer a car - and that can be a pretty penny. I told my wife in April 09 "we have a car with a warranty, we need to get passports and start using it". She had concerns about driving in the US. But since then she loves it and now I may actually have a hard time in getting her on a plane. (something about randomly being stranded on a runway for 9 hours turns me off too). Too bad it takes 2 hours to get to the US and that only gets you to Buggalo. Hoarding US$ now is definitely positive IMO right now - and I will hoard even more if the CA$ still goes higher. I have a certain view about the buying and selling of US$. ~ One should manage their own currencies (don't let "events in the future" like trips, dictate your purchases); ~ "Professionals" like Nobel prize winners can't get it right (ie Long Term Capital) ~ There are too many variables that affect currencies and; ~ Generally you almost never can time the purchases or sales right. You will always screw up somewhere. As such - small purchases made over time ($250 here, $100 there etc) - during times like today where the currency IS in our favor, is the best way to proceed. And any extra I have - I am pretty sure in years ahead I can get it back with a profit.