Forum Archive Index - October 2003

[Holden Glova <dsafari@paradise.net.nz>]

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On Tue, 14 Oct 2003 19:09, fntradingsolutions wrote:
> At the risk of swapping sides:
> With the march up of the Euro and the Overall decline of the US$ ( Down 30%
> in 12 Months ) Wth the move towards a Gold economy by the Islamic States of
> the World. We might see a major inflation period forming in the USA. As the
> Euro replaces the US$ all the surplus Dollars will come flooding back to
> the USA.There will be a massive oversupply of US Dollars. Interesting
> thought if you hold US Stocks High inflation will sink the DOW
> considerably. Woody

Hello fntrader,

That's an interesting theory. I trade options on the USA markets and track the 
news and events quite heavily. The FED has said they will not raise interest 
rates for a long time and there is no rumour of inflation. The DOW and its 
friends (nasdaq, s&p etc..) are all hitting close to new 52 week highs. The 
fear guage is at very very low levels where recent tops have been made 
before. Bonds are expected to decline for a _long_ time.

I don't really care which way the market is going, as long as I am able to 
listen to the market and hear which way it is going :)

Thanks for sharing your thoughts.

- -- 
Signed,
Holden Glova
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