Market reaction

Right now, as I look at todays figures:

Dow up 0.1%
Nasdaq up 0.6%

USD/GBP up 0.6%
USD/Eur up 0.3%

Comments?

I am especially pleased about a strengthening dollar, as I get paid in dollars and my expenses are mainly GB pounds.

Right now, as I look at todays figures:

Dow up 0.1%
Nasdaq up 0.6%

USD/GBP up 0.6%
USD/Eur up 0.3%

Comments?

I am especially pleased about a strengthening dollar, as I get paid in dollars and my expenses are mainly GB pounds. Originally Posted by essence

.

Day to day market fluctuations are pretty much meaningless. Market is up about 75% in last three or four years (after being way down) and should continue upward rise as housing market continues to come back.

Strong dollar is not particularly good for manufacturing and export and thus does less to help grow jobs. You probably are not much of a "job creator" so strong dollar doesn't help economy much, though it does help you. It will mean we can be tourists, but doesn't help tourism here (influx of foreign money and more jobs).

People that advocate a strong dollar have little dick syndrome. They don't understand global economic dynamics but sure want to look smart.

market goes up then down then flat then flat then crash.....
apple goes up then down then down then way up then down .....

WHO KNOWS

I would say that the shape of the economy will be rather flat line for a couple of months and than taking an upward angle in about three months. Feb 2013.

. . . My portfolio took a beating these past few weeks, as did a lot of investors, I imagine, but I've made of the money back.