Re: Asia UP hard

"FrediFizzx" <fredifizzx@[EMAIL PROTECTED]
> wrote in message 
news:680v56F2qe3r8U1@[EMAIL PROTECTED]
> "-DirtBag©" <Dirt@[EMAIL PROTECTED]
> wrote in message 
> news:481b17e7$0$34488$742ec2ed@[EMAIL PROTECTED]
>>
>> "FrediFizzx" <fredifizzx@[EMAIL PROTECTED]
> wrote in message 
>> news:67vtt4F1dr3vgU1@[EMAIL PROTECTED]
>>> Will Europe follow?  Most likely at the open.  Markets are trending 
>>> back up that wall o' worry.  Get back in whilst you can if you were 
>>> silly enough to have cashed out.  Despite the US having some problems,

>>> the rest of the developed world is doing just fine.  Be properly 
>>> globally diversified.  It is easy now-a-days using foreign ETF's.
>>>
>>
>> Hum. Well Fred perhaps you were right.  I hope it holds for a week or 
>> two before reality kicks in. Good trading.
>>
>> -Dirt
>
> Yep, Europe followed up hard also.  We have kind of a different
situation 
> this time around.  The rest of the world is helping to pull us up and 
> keep us out of recession territory.  Very nice of them.  ;-)  And it is 
> very good that much of the rest of the developed (and some of the 
> developing) world has caught up to us some.  Expect a new "standard" 
> level for the dollar against their currencies.  I doubt the dollar index

> will get back to 100 for quite some time and probably never.  Get used
to 
> a low dollar.  Once the housing problem is cleared out in a couple of 
> years, the dollar will probably rise some.
>

I guess we will see..  I have a lack of trust poking me in the side and 
whispering in my ear...  The skittish attitude of this market is telling 
imo to a bear trap mentality..  I hope for the best Fred but keep an eye
on 
the door... So many negative indicators strongly pointed in a southern 
direction..  OTOH One can always make money doing momentium trades in any 
market..

-Dirt