To: 68-69TonkinGulfYatchClub
Thank you for the bump.
What isn't widely recognized is the critical level the dollar stands at right now. If it falls below 108.50 I'm afraid currency traders will get a hold of it and then there's not much hope for a summer rally.
All in all - I hope you're not worried about me. I've prepared well for this - through inverse funds and general market "insurance" through puts as well as being long gold and silver stocks since last summer and fall.
I worry that so many are unprepaired - but try telling anyone last January that the market wasn't going to be alright and it was like beating my head against a brick wall. Or try to convience people to get some insurance through puts....that was even worse.
And if I gave my honest opinion as to what was down the road a bit....not many would believe me anyway. So I just keep plugging along and take advantage of every beautiful day with my daughters.
4 posted on
06/22/2002 11:49:57 PM PDT by
d4now
To: d4now
And if I gave my honest opinion as to what was down the road a bit....not many would believe me anyway. Give it a go. I'd like to hear it.
5 posted on
06/23/2002 1:17:29 AM PDT by
DB
To: d4now
Sounds like a good time to start a business. I think I will.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson