[groanup]

" My logic says they think: Bush's strong $ policy means the $ ought to stop falling by now but he's ineffectual in stopping it."

You have to understand that there is nothing a president can do. I trade currency futures. The one thing that is a slam dunk is when a central bank enters the market to support a currency. (Central banks have all the money, remember.) That currency would rally briefly and if you take the short in that rally you will make money. The currency markets are bigger than all the central banks in the world and will flow with the trend better than any other commodity. You can't stop it.

The US stock market is billions, the US bond market is trillions, the currency markets are priceless and infinite. You cannot stop a currency trend with rhetoric or intervention or policy initiative. Bet on it!

[GOPJ]

You have to understand that there is nothing a president can do. I trade currency futures.I moved money into Vanguard's international fund ... Good? Bad? Indifferent? Let me know what you think.

[GOPJ]

You have to understand that there is nothing a president can do. I trade currency futures.

I moved money into Vanguard's international fund ... Good? Bad? Indifferent? Let me know what you think.

[txrangerette]

I didn't say I thought he should do anything to stop the fall, even if he could. My point was about John Q. Public's perception of events and what Bush says. So, they have unreal expectations based on their misperceptions...