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US Dollar?


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frusnak
PostPosted: Tue Nov 28, 2006 4:37 am Post subject: US Dollar? Reply with quote

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Has anyone noticed what's happened/happening to the US dollar?
Check out this link.... Shocked
http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=EUR&submit=Convert
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zerolikedis
PostPosted: Tue Nov 28, 2006 5:09 am Post subject: Reply with quote

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6.66%
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stockmarkettips
PostPosted: Tue Nov 28, 2006 5:09 am Post subject: Reply with quote

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It's kinda sad if you invested in the SP 500 in Europe, you would have lost all your gains for this reason.
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zerolikedis
PostPosted: Tue Nov 28, 2006 5:14 am Post subject: Reply with quote

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wow the pound is really strong now
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e_pang
PostPosted: Tue Nov 28, 2006 6:27 am Post subject: Reply with quote

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The pound has always been really strong!! Though, that's sort of interesting to be watching about the US and Euro!
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SemirB
PostPosted: Wed Nov 29, 2006 7:12 am Post subject: Reply with quote

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How many of you would associate the weakness of the dollar with the US economy?
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Grimreaper
PostPosted: Wed Nov 29, 2006 7:25 am Post subject: Reply with quote

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SemirB wrote:
How many of you would associate the weakness of the dollar with the US economy?


Well....Dubya himself said:

1. The U.S. economy is strong

2. We support a strong dollar

Are you saying you don't believe statement 1, 2...or both? Laughing

BTW, according to recent statistics at the polls here in the U.S.....it appears the majority of Americans don't believe either statement. Wink
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Im Not Warren Buffett
PostPosted: Wed Nov 29, 2006 8:20 am Post subject: Reply with quote

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SemirB wrote:
How many of you would associate the weakness of the dollar with the US economy?


A "weak" dollar doesn't necessarily mean the U.S. economy is weak, nor does a "strong" dollar imply healthy growth. What kind of currency environment is desirable is dependent on your position in the economy. The Chicago Federal Reserve has a nice overview on the implications of currency strength. The entire article is fairly lengthy but spending 5 minutes reading the first few paragraphs and the bullet point list might be a good investment of your time. Wink

Stong Dollar, Weak Dollar
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frusnak
PostPosted: Wed Nov 29, 2006 9:17 am Post subject: Reply with quote

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The dollar is $.76 - 1eur, great for our tourist industry. Shocked
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Grimreaper
PostPosted: Wed Nov 29, 2006 9:33 am Post subject: Reply with quote

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frusnak wrote:
The dollar is $.76 - 1eur, great for our tourist industry. Shocked



Yeah...send em all to Disneyworld so DIS can keep da fantasy goin. First they raise admission to theme parks, then they raise the dividend....all in an attempt to hoodwink investors into thinking their stock is werth $33. The good news is that I heard they lowered the price of a freakin hot dog down from $7.50 to $6.75. Rolling Eyes Very Happy
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frusnak
PostPosted: Thu Nov 30, 2006 6:11 am Post subject: Reply with quote

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Dollar at $.75 to the euro....why aren't they buying up all the excess housing?
Seems like that should be what they go after, when they're done at disney! Shocked Very Happy
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Grimreaper
PostPosted: Thu Nov 30, 2006 6:16 am Post subject: Reply with quote

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frusnak wrote:
Dollar at $.75 to the euro....why aren't they buying up all the excess housing?
Seems like that should be what they go after, when they're done at disney! Shocked Very Happy


Jeeez I dunno...you take a family o'five from Europe and send em ta Dizzy World and afta park fees, hot dogs, and miscellaneous udder exhorbitant and phenomenal chawges, how much $$$ are they gonna have left for housing? Confused
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frusnak
PostPosted: Thu Nov 30, 2006 6:47 am Post subject: Reply with quote

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Hey talk to any european visitor and we are bargan city (florida)
Ask them what they do when they are here...
go to the beach(speedos Shocked ) shop and do disney!
Now if we can just get them to buy a vacation home here..... Twisted Evil
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Grimreaper
PostPosted: Thu Nov 30, 2006 6:57 am Post subject: Reply with quote

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frusnak wrote:
Hey talk to any european visitor and we are bargan city (florida)
Ask them what they do when they are here...
go to the beach(speedos Shocked ) shop and do disney!
Now if we can just get them to buy a vacation home here..... Twisted Evil


Vacation home? How about a trailer park for our friends from Canada who be down fer da winter? Laughing
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frusnak
PostPosted: Thu Nov 30, 2006 7:16 am Post subject: Reply with quote

CFO
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Joined: 01 Nov 2005

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Location: jax.fla transplanted from cleveland,oh.
1406645.72 e$

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Monthly Return:
-10.61%
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Shocked Yeah, how about that .....the canadian dollar is almost worth the same as our's.... Shocked Confused
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