Forum Archive Index - October 2003

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

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Morning,

My point is that I don't really care, I will make money when the market moves 
in any direction :)

On Wed, 15 Oct 2003 00:25, fntradingsolutions wrote:
> Do you really think the Government would want you to know.
> Also what is going to happen to the Billions of US Dollare currently
> ourside the USA being used as World Currency when the Euro eventually takes
> over, and it will!!!!!
>
>
> ----- Original Message -----
> From: "Holden Glova" <dsafari@paradise.net.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Tuesday, October 14, 2003 4:34 PM
> Subject: Re: [sharechat] Woody - Gold
>
> 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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