Don't get sucked in by dollar strength

Jacko,

I too am pround to be an American & I DON"T LIKE OBAMA. Yes, he has been left with a mess to clean up & he is failing so far. He is not only failing with the so called stimulus plan, but he is creating even more problems. Ousting of GM CEO is one example that comes to mind & then stating he & his team are going to monitor the progress of GM in the months ahead. From my research not one on his team has any documented training @ running a car manufacting company, or any company. The list of his & congress bleeps & blunders just keep getting bigger each week. So far what is there to like? The second part of your post is news for those that are unaware of the plans points & is appreciated.

Obama is surely going to have to prove he is up to the task @ hand & failure of the stimulus plan could be the make or break of the U.S. The bailing out & taking over by the goverment of car makers, banks & insurance companies with taxpayer funds could be a disaster in the making, but if Obama & congress succeed with this I will say as the youth of today say "MY BAD".

Maybe living abroad wouldn't be so bad.

Just My Views & Nothing More, BUT I COULD BE WRONG.
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Nice one DRT - show 'em how it's done

As one of follower this thread from first post by mr drt i was totally agree with it but Unfortunaly Mr drt stop post for while "hope he ok"
Any update from experience trader like mr jacko will be greatfull as i suppose things Changed since that time Feb-2009

First I agree with Crisis not over, There is improving at first look but...if we look more deep will find out alot of things!

Personally i Don’t Believe It When They say That It’s Over
Copy Part:-
At its peak, the Fed will appear to have saved the banking system, and investors will be convinced that the bear market is behind us."

Agreed, I have just begun 2 months ago, and already lost US$ 4k, and a floating loss of U$ 7k. But I am still going with U$2.8k of equity. Ain't it great? I had headaches and heartaches looking to my computer screen everytime I placed an open position.

I percieve trading as a game of wits and luck.
So, I pray for lucky trading for all of us. Godspeed, gentlemen.

That is what i mean: Copy Part - written by Mr.Tom


I am constantly stunned and surprised at the pronouncements that the worst is over and the World Recession is at an end.
A few months ago, in my neck of the woods, the Canadian Federal Government was saying we would skirt a recession - then it was a 'technical' recession...NOW?
The fundamentals stink and yet, in parts of "The Great White North", the casual display of Real Estate Investing on a wing and a prayer, and credit card binging continues apace.
Take a look at the Global picture. Take a look at the Export numbers and you can see a trend. It's down.
I am going to bet that we see the Indian and the Shanghai Composite roll over like a dead egg roll, before the end of the Fourth quarter. Looking at a chart of the SCI, even my 13 year old cat can figure out that it's Bear City.
The SCI has been around a whole TWENTY years and in that smidgen of space and time - the SCI absorbed four huge Bear Markets and four equally loony manic highs.
Looking at the growing unrest in China over jobs, Religion and mixing in the history of banking misadventures in the Middle Kingdom, they all seem to portend a fiscal train wreck of Brobdingnagian proportions.
Even Jim Rogers has moved on to Sri Lanka looking for bargains.
From TheStarOnline.com:

 

1. CHINA’S new yuan-denominated loans in July amounted to 356 billion yuan. The monthly increase was the lowest this year.
2. Urban fixed asset investment grew 32.9%, lower than expected.
3. Industrial production rose 10.8%, also lower than expected. Exports in July were down 23% year-on-year, compared with a 21.4% decline in June.

Internal demand?
I wonder.
If thousands, nay, millions have lost their job, because they aren't selling anywhere near as many crappy jeans to the cash deprived Western Consumer - where is the demand going to come from?
India?
Yes - it is 'booming' - but there are many questions about the rate of absorption of high velocity monies into visible infrastructure projects that actually get built, without being withered by huge endemic corruption.
India will also have to make huge and painful changes in housing, roads, sanitary facilities, Rail and Air transit routes, Hospitals and Schools.
India works on it's own timetable and will try to maintain the profile of the last five years, but I have a feeling it will be an erratic voyage.
Economists seem to discount the deep Hindu belief structure as well as the terrifying and very real Geo Political games being played out in Kashmir.
India and Pakistan are armed with Nuclear weapons and both are upgrading their Air Defense and first strike capabilities.
Not all the hot money pouring into India is going into building roads. *(India tried a Moon Shot last month - it was not a success).
Meanwhile back in China - I am getting more and more skeptical as to the real strength of any of the so called 'green shoots'.
I am even more skeptical of the ability of the Central Planning Committee in Beijing to keep them alive, no matter how much manure and Yuan they throw on the problems.

Are we going back to Strong Bullish for US$ Like july-2008?Look to us index and where are we now and U will know.

US index was much lower last july, so Im not sure why you think it should strengthens.
alter

Don't think we can say mission accomplished. Interesting article yesterday in the journal where they were breaking out the good and the bad that can drive the US economy. The good, when evaluated isn't really that good. Here are a few of the 'good points.'

• Housing Market – benefiting from a seasonal upswing due to the typically higher summer season purchasing, the federal tax exemptions and historically low mortgage rates that have been helped by Treasury purchases – what will happen when tax exemptions expire in November? What will happen now that the Fed isn’t purchasing Treasury bonds? What will happen if inflation plays out as a result of all the new Treasury issues and mortgage rates increase?

• Investors Turn Positive – I’m not sure that it is such a positive sign for future price appreciation that markets have increased so much so rapidly

• Available Cash to Invest – Yes, but I don’t think available cash will be such a strong driver – I think a significant amount will go into corporate bonds, plus I read an article from 1930 showing that cash on the sidelines was at an all-time high – after that markets declined 80%