Short USD - my deepest condolences to the USA

[mishak]

Now after Bush's second term is set, the long term strategy for next 4 years - short USD against any other ccy.

Opening long USD is out off the table. On every spike - sell it, close on reverse (according to your temperament or time frame or individual style), no open position for the correction period - wait for next spike, and so on.

Take care and have fun

[autofx]

I think you're partly right.

The Bush/Greenspan economic policies give warm fuzzies in
the short run but will probably prove disastrous. US stock market
bulls are kidding themselves, with the exception of a small
number of unique stocks.

The economic fundamentals for shorting USD are well known,
and they are sound in my view. When we finally have to pay the
piper for monstrous government and private debt, it isn't going to
be pretty. Many are predicting a horrific bear market in the US,
and the more it is dragged out, the more painful it will be.

For my part, I will seek to profit from USD up and down swings
regardless of who is in the White House. I certainly won't be
surprised if more profits come from USD shorts than longs.

[dwt1020]

Originally posted by mishak
Now after Bush's second term is set, the long term strategy for next 4 years - short USD against any other ccy.

Opening long USD is out off the table. On every spike - sell it, close on reverse (according to your temperament or time frame or individual style), no open position for the correction period - wait for next spike, and so on.

Take care and have fun

This has been the sentiment long before the election and will remain.. The election had no effect....

As for the condolences, IMHO, we'll need them Less with Bush than with Kerry...

There was a poll......Anybody but Bush...

"Anybody" 60% Bush 40%....

Given Bush won, I think the results speak for itself...

d

[autofx]

Bush will have his short second-term honeymoon, but then the
gravity of some of the problems the US is facing will become
more apparent to more people.

Still, the currency pairs will fluctuate. It's not like USD is going
straight down with no corrections from here on.

[dwt1020]

Originally posted by autofx
[, but then the
gravity of some of the problems the US is facing will become
more apparent to more people.

[/b]

I'm curious, what are these problems and just how grave are they?


d

[dwt1020]

We have been here before and will be here again....

[Iris]

Below is an excerpt from the Statement released by the G7 Finance Ministers and Central Bankers in Florida...Febuary 2004....

The global economic recovery has strengthened significantly since our meeting in Dubai and risks have diminished. Growth projections for 2004 have been revised upward to their highest in three years. Fiscal and monetary policies have helped bring about these welcome changes.

Yet much more remains to be done. The pace of growth among our economies remains uneven. In our Agenda for Growth initiative, we emphasize supply-side structural policies that increase flexibility and raise productivity growth and employment. Today we released a progress report on our Agenda for Growth. This agenda and sound fiscal policies over the medium term are key to addressing global current account imbalances. We outlined strategies for sustained medium-term fiscal consolidation as economies recover. International trade is vital; we call for further efforts and for countries to take the steps to resume the Doha round, which is pivotal to global growth and the alleviation of world poverty.

We reaffirm that exchange rates should reflect economic fundamentals. Excess volatility and disorderly movements in exchange rates are undesirable for economic growth. We continue to monitor exchange markets closely and cooperate as appropriate. In this context, we emphasize that more flexibility in exchange rates is desirable for major countries or economic areas that lack such flexibility to promote smooth and widespread adjustments in the international financial system, based on market mechanisms.

Global Monetary Policy within the framework of the Agenda for Growth intiative will determine the Core Fundamental factors affecting Global Monetary/Economic Policy...

the G7 defines and directs Global Monetary Policy.

the Ebb and Flow of Global Exchange Rates are G7 Monetary Policy...the Real Fundamentals.

And Congratulations to President Bush and Senator Kerry for stirring and inspiring a Historic Election Vote in American Political History...and for fulfilling the Principles of a Democratic Society....

...the Vote and Will of a Free Peoples.

[novice]

America may have voted for Bush but the world may vote against the US Dollar?