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Old 09-22-2009, 08:35 PM   #1
Joe King
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How many people got completely out of the US dollar recently?

I have been screaming from the mountaintops to everyone I know that the dollar was ready to take another dive. Why is nobody on this board freaking out about today's action? Just about every currency took another dump on the USD.

GET THE FUCK OUT OF THE USD. Not some of your dollar holding but all of your US dolars. Twelve months from now you will thank me

I do have some money in USD but that is only because I am using it to short sell AAPL and PNRA. I fucking can't wait for PNRA be in the crapper where it belongs. I am calling for PNRA to go to fall 60% -70% in the next 12 months. I am calling for AAPL to fall to 135-ish in the next 3 months. AAPL should fall more but of course there are plenty of Mac cult members who are invested so they will never sell.

This message was typed on a Macbook Pro
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Old 09-22-2009, 08:46 PM   #2
mmcfadden
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i hear toilet paper is a good investment...

serious about that... I feel the dollar will lose value real quick... but everyone needs to wipe their arse
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Old 09-22-2009, 09:13 PM   #3
Joe King
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Originally Posted by mmcfadden View Post
i hear toilet paper is a good investment...

serious about that... I feel the dollar will lose value real quick... but everyone needs to wipe their arse
That is not such a crazy idea actually. I remember hearing stories of Russians buying TVs 20 years ago when their currency was falling.
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Old 09-22-2009, 10:40 PM   #4
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Old 09-22-2009, 11:09 PM   #5
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The last 2 weeks it went down compared to the euro from 1.4 to 1.47 and newspapers say it will be 1.6 before the end of the year. Not so good ;(
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Old 09-23-2009, 06:50 AM   #6
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i agree the dollar is shit but if you think a few mac heads are propping up a 165 billion dollar company you should be posting tgp galleries and not dabbling in the stock market.
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Old 09-23-2009, 12:02 PM   #7
Joe King
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i agree the dollar is shit but if you think a few mac heads are propping up a 165 billion dollar company you should be posting tgp galleries and not dabbling in the stock market.
I think it is realistic to think that many of AAPL longs do not sell at these levels is because they believe so strongly in the brand. Their brand is so strong it is more cult like.

So no I am not thinking mac heads are propping up the stock, more like the people who are long do not sell because they now that there are so many people in the Mac cult. This is part of the reason.
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Old 09-23-2009, 12:41 PM   #8
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Actually even my playboy stock is up today, and so is WAMUQ.
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Old 09-23-2009, 05:51 PM   #9
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Actually even my playboy stock is up today, and so is WAMUQ.
Yes, today
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Old 09-23-2009, 05:54 PM   #10
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Wicker .... I'm heavy into wicker futures.


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Old 09-23-2009, 06:17 PM   #11
VisionFantasy
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I have been thinking about very seriously!
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Old 09-23-2009, 06:37 PM   #12
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Old 09-23-2009, 06:40 PM   #13
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i blow my load in thai baht
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Old 09-23-2009, 10:19 PM   #14
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I try to keep my wealth out of currency as much as possible; preferring to own real assets. But betting against the dollar by investing in overseas property proved to be a good decision. (as expected)
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Old 09-23-2009, 10:25 PM   #15
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This is the same guy who told me to change all I had in to Zimbabwean dollars two years ago.

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Old 09-24-2009, 08:53 AM   #16
Joe King
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This is the same guy who told me to change all I had in to Zimbabwean dollars two years ago.

Yeah sorry I fucked up on the Zimbabwean dollar recomendation

I really thought a negro thug could lead Zimbabwe to to becoming an economic superpower
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Old 09-24-2009, 01:40 PM   #17
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I also want to add another call. The USD will soon drop another 6% against many major currencies in the next 8 months. Most of the Asian currencies will gain at least 6% in the next 5 months.
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Old 09-24-2009, 01:48 PM   #18
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I'm crying over the dollar. I get paid in USD and when I hit the ATM I get nothing It feel's like.
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Old 09-24-2009, 01:58 PM   #19
Joe King
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I also want to add another call. The USD will soon drop another 6% against many major currencies in the next 8 months . Most of the Asian currencies will gain at least 6% in the next 5 months.
I meant to type "The USD will drop 6% against many major currencies in the next 8 months and most likely will be much sooner than later".

Last edited by Joe King; 09-24-2009 at 01:59 PM..
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Old 09-24-2009, 02:11 PM   #20
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actually you never know how it will be
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Old 09-24-2009, 02:14 PM   #21
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Well i just wanted to open thread about dollar going down crazy.I just hope it wont drop totally down.
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Old 09-24-2009, 02:14 PM   #22
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sucks so fucking bad...
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