Dow at 8000 and falling....

[dalegg 143]

If it doesn't improve drastically by November 12th, I'm going to get really concerned!

Link

[mawilson 2,133]

If it doesn't improve drastically by November 12th, I'm going to get really concerned!

Link

If you're panicking right now (as many people are), the link doesn't help!

[palilover 1]

Actually I'm heading back to the middle east at the end of october into november. This is going to affect me greatly should the dollar go down. Perhaps I should take out all my money from my checking account that I will need while I am over there just in case? Other than that I'm not too worried about things (yet)

[mawilson 2,133]

Actually I'm heading back to the middle east at the end of october into november. This is going to affect me greatly should the dollar go down.

Not likely. In fact, the dollar will probably get even stronger.

[palilover 1]

Actually I'm heading back to the middle east at the end of october into november. This is going to affect me greatly should the dollar go down.

Not likely. In fact, the dollar will probably get even stronger.

yeah maybe. Well, that'll be good in my favor:) The dollar was one $ to 3.4 and has been down to 3.2 sheckels throughout the past yera. but today it went up to 3.6. I have not seen that good since a year ago..sad but true:)

Now how exactly does the strength of the dollar go up though if unemployment is rising and the stock market is fluctuating so much and everyone going crazy?

[mawilson 2,133]

Actually I'm heading back to the middle east at the end of october into november. This is going to affect me greatly should the dollar go down.

Not likely. In fact, the dollar will probably get even stronger.

yeah maybe. Well, that'll be good in my favor:) The dollar was one $ to 3.4 and has been down to 3.2 sheckels throughout the past yera. but today it went up to 3.6. I have not seen that good since a year ago..sad but true:)

Now how exactly does the strength of the dollar go up though if unemployment is rising and the stock market is fluctuating so much and everyone going crazy?

Hehe.

This reflects the dollar’s role as the dominant reserve currency - US Treasuries are still seen as the ultimate safe haven. (Japan's Yen is another "safe" currency.)

Another important factor is the role of the Federal Reserve and US authorities in attempting to pro-actively restore financial stability through a systemic approach. At the same time, monetary support available to Europe’s financial institutions is seen as ineffective due to Eurozone's disunity and the lack of a global Eurozone financial regulator.