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Posted by 704set on November 11, 2007, 5:53 pm
LMAO. And I'm not proud to say I had to look up this guy, Pangloss. For
those of you who are too proud, here is a link.
http://en.wikipedia.org/wiki/Pangloss
704set
> Say, Fred, our community theater group is casting for Candide. Do you
> think you will be available to play Dr. Pangloss?
>
> --
> Lubow
> To see my stock picks go to www.stockpickr.com Enter lubow in
> Portfolio/Stock box
>
>
>>> "The dollar tumbled last week and took the stock market with it.
>>>
>>> "The weak greenback was just one more thing for stock investors to fret
>>> about. The combined weight of their concerns has knocked the Dow Jones
>>> Industrial Average down 7.9% from its record close just over a month
>>> ago..."
>>
>> Freely traded currencies are not predictive of stock market direction.
>> Globally, currencies are a zero sum game. Currency rises or falls don't
>> affect a properly global diversified portfolio very much. Just more dumb
>> fear and panic brought the market down. US assets are cheaper now
>> relative to others. The flow will eventually reverse as soon as people
>> are not mad at us any longer. It always takes some time.
>>
>> Fred
>
>
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