I feel a sense of deja vu with the Dollar surging in value and our Markets just going to Hell. In the last 5 months of '09, we'd look for bargains if the dollar surged and would look to Sell on the downgrade. Well, yesterday, the dollar was Way Up against every other currency. We don't trade them, but we sure as hell pay attention to the Currencies Market.
And what to do about Greece, the "Lower Middle Class Family" of Europe, overextended to the inth degree and defaulting? In the U.S., the Family bought a house they couldn't afford, a new car, a flatscreen; Greece offered too liberal wages, pention plans,the best a Welfare State could offer and topped it all off with rampant tax evasion. Hope Wahington is paying attention
It's a real frustration to go shopping for bargains in The Market, only to find the share you won ARE the bargains. But we'll find some...
(For Fun, learn more about that U.S. Family: LINK)
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