breeze, i think that you're slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).
Did I ever say that I'm consistently right? I'm pretty wrong a lot of times. For example, I'm dead wrong about BAC and C, though yesterday's action helped "dollar cost average" my losses on those fronts. I don't subscribe to the notion of a dow 10,000 or a dow 15,000 these days. It ain't moving anywhere but up and down these days.
But one thing is for sure..Dollar has tanked (and no I have no currency trading skills, though I wish i did). 1 penny isn't even worth 1 yen these days. It's just pathetic.
On a side note, having inflated currencies might do americans a good thing. it will make us have to sharpen are math skills. Gone are the days that you simply round up or down to the nearest dollar. We're getting to a point that cents don't matter, and that it takes several dollars to represent buying/selling real things.
I have a theory. Perhaps the reason why folks of certain countries are good at math has to do with the currency denomination. Take for example Japan. You have to regularly deal with 6-7 digit numbers. I'm sure folks from Argentina would do pretty well at arithmetic too. Pretty soon, even us too will have better math skills.
$125 for a burger, $1255 for a tank of gas, $127,000 or a entry level used car, $20,000,000 for a 1 bedroom place,etc,etc.
