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Don't Like a Weak Dollar? You Might as Well Get Used to It
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Don't Like a Weak Dollar? You Might as Well Get Used to It

  #1 (permalink)
Quick Summary
Don't Like a Weak Dollar? You Might as Well Get Used to It

Weakness in the US dollar, which is causing everything to go up including gas prices, food and stocks, is unlikely to go away soon as a selling frenzy hits the currency market.

More on CNBC...

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  #2 (permalink)
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Wait until someone decides we have too many dollars floating around (since the printing presses have been running non stop for so long). One way money is removed from circulation is through higher interest rates....remember the 16-17% mortgages of the late 70s, early 80s....think it won't happen again?

My focus is on:
1. Avoid the opening chop.
2. Honor stops
3. Ensure reward > risk on all trades
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papa15 View Post
Wait until someone decides we have too many dollars floating around (since the printing presses have been running non stop for so long). One way money is removed from circulation is through higher interest rates....remember the 16-17% mortgages of the late 70s, early 80s....think it won't happen again?

Luckily our the present administration is keeping interest rates very low to make financing easier and to stimulate the economy... so everything will be great...

Wait a minute... wasn't that what the previous administration did that got us into this mess to start with... Oh, NOooo ...

I'm just a simple man trading a simple plan.

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