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Reply #20: I'm not an expert, but... [View All]

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98geoduck Donating Member (590 posts) Send PM | Profile | Ignore Thu Jan-27-05 05:28 PM
Response to Reply #18
20. I'm not an expert, but...
I've had discussions with a Wall Street broker a couple of years ago, and at the time, he advised to invest in foreign currency (Euro), and not to invest in US stock (the Euro was at .90 vs 1.30 at present). I work on a professional level (scientist), and all are preparing for the worse...ie not crying chicken little. Besides Hersh, Krugman is also stating things are not looking too bright. With the odds the way they are, it would be foolish to be gambling on this market in my opinion. Bottom line, if you got money to lose keep it in, otherwise, pull it and wait for another opportunity. Of course, these are Only my Opinions, I just feel obliged to let another "lib" know what I've heard.
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