imported post
Ok, I know that many believe the dollar will continue its decline for some time, and that this means good things for the I fund. But, I wonder if the dollar is falling too far too fastright now, and may have overshot its true value:
http://www.x-rates.com/d/EUR/USD/graph30.html
Next week when many traders return from vacations, I thinking that the dollar may rebound somewhat before eventually turning down again. So, I am thinking I may get out of the I fund effective January 3 in anticipation of a short-term decline, and get backinlaterin the week. Anyone have other thoughts on this?
Dave
Ok, I know that many believe the dollar will continue its decline for some time, and that this means good things for the I fund. But, I wonder if the dollar is falling too far too fastright now, and may have overshot its true value:
http://www.x-rates.com/d/EUR/USD/graph30.html
Next week when many traders return from vacations, I thinking that the dollar may rebound somewhat before eventually turning down again. So, I am thinking I may get out of the I fund effective January 3 in anticipation of a short-term decline, and get backinlaterin the week. Anyone have other thoughts on this?
Dave