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.
posted on 06/22/2002 11:49:57 PM PDT
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.
posted on 06/23/2002 1:17:29 AM PDT
Sounds like a good time to start a business. I think I will.
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