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Old 12-22-2007, 11:10 AM
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Quote:
Originally Posted by nextse7en View Post
Careful what you recommend.

A dollar falling, inflation speeding up, countries abandoning the US dollar as the defacto currency of oil. Housing market falling, credit markets crunching major insurers having their credit downgraded.

Anything in US dollars right now isn't as a good a bet it could be... I would recommend putting your money in a bread basket of strong foreign currencies instead of dollars, becuase I'll bet you dollars to donuts (well, I suppose donuts are worth more now) it going to get darker before the dawn, and I think 2008 will start out with a nice little recession.


-Patrick
Good advise! Caution is always the best 'practice'. I never spend more on a stock than I can afford to lose! It sometimes takes a year or two for a stock to start going in the right direction. Trends change all the time
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