Posted on 05/21/2013 2:03:04 PM PDT by KMR
Sharing this for those Freepers concerned about the dollar. It's actually strong compared to the euro and yen, but that's only cuz the Central Bankers there have opted to use more fire power against the weak dollar and make their currencies even WEAKER. What does this mean for those of us with real skin in the game, as in money in the markets?
(Excerpt) Read more at forbes.com ...
It means SELL while you can.
It can go further, no one knows.
When guys like this writer give up and go bullish, I’ll get worried.
(I’m only slightly into this market anyway, and partially hedged)
Oh, and countries are always working their currencies to try to get an advantage, that’s nothing new.
Right now, concludes Guenthner, even the sickest dogs on the Street are reaping the benefits of this rally. Keep your stops tight. This rally can’t go on forever.
Or can it? Ride the rally or lose your shirt as the value of money goes down, A real rock and a hard place.
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