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11-09-2012, 12:13 PM
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#1
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Valued Poster
Join Date: Jan 21, 2010
Location: Houston
Posts: 2,586
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Market reaction
Right now, as I look at todays figures:
Dow up 0.1%
Nasdaq up 0.6%
USD/GBP up 0.6%
USD/Eur up 0.3%
Comments?
I am especially pleased about a strengthening dollar, as I get paid in dollars and my expenses are mainly GB pounds.
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Quote
![Like](/images/like.png) | 1 user liked this post
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11-14-2012, 02:04 PM
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#2
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by essence
Right now, as I look at todays figures:
Dow up 0.1%
Nasdaq up 0.6%
USD/GBP up 0.6%
USD/Eur up 0.3%
Comments?
I am especially pleased about a strengthening dollar, as I get paid in dollars and my expenses are mainly GB pounds.
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Quote
![Like](/images/like.png) | 1 user liked this post
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11-14-2012, 02:07 PM
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#3
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Valued Poster
Join Date: Feb 3, 2011
Location: Bishkent, Kyrzbekistan
Posts: 1,439
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Day to day market fluctuations are pretty much meaningless. Market is up about 75% in last three or four years (after being way down) and should continue upward rise as housing market continues to come back.
Strong dollar is not particularly good for manufacturing and export and thus does less to help grow jobs. You probably are not much of a "job creator" so strong dollar doesn't help economy much, though it does help you. It will mean we can be tourists, but doesn't help tourism here (influx of foreign money and more jobs).
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Quote
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11-14-2012, 02:22 PM
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#4
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Account Disabled
Join Date: Jun 29, 2012
Location: Austin
Posts: 874
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People that advocate a strong dollar have little dick syndrome. They don't understand global economic dynamics but sure want to look smart.
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Quote
![Like](/images/like.png) | 1 user liked this post
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11-20-2012, 06:47 PM
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#5
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BANNED
Join Date: Feb 22, 2012
Location: -
Posts: 486
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market goes up then down then flat then flat then crash.....
apple goes up then down then down then way up then down .....
WHO KNOWS
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Quote
![Like](/images/like.png) | 1 user liked this post
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11-20-2012, 07:04 PM
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#6
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Valued Poster
Join Date: Jan 7, 2010
Location: two steps ahead of the posse.
Posts: 5,356
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Economy
I would say that the shape of the economy will be rather flat line for a couple of months and than taking an upward angle in about three months. Feb 2013.
. . . My portfolio took a beating these past few weeks, as did a lot of investors, I imagine, but I've made of the money back.
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Quote
![Like](/images/like.png) | 1 user liked this post
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