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Old 12-07-2004, 04:27 AM
Ray Zee Ray Zee is offline
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Join Date: Aug 2002
Location: montana usa
Posts: 2,043
Default Re: Motorola spin off - Freescale & Eruo/Dollar talk

sorry to say i havent followed the spinoff stuff. i still have the large chunk of mot i bought way back when. i usually but not always, buy when i see a change in a company. and hold until i think i have seen all the upside or see another change i dont like. then i sell or short it.
with mot i just parked it as i keep seeing some new stuff that has promise. so i am still holding. but i wouldnt buy at these levels if i could find something better.

zeno, playing currencies is playing with fire. you are always late to the party. if you have an opinion one way buy or short stocks in that country's industries that will be most affected. the euro must at some time have lots of problems as different countries will do just like our big companies do. cook the books for their short term benefits. when that starts happening choas in the euro will take place. when i dont know. my ball has a crack in it.
japan must help the dollar. whether they can have a longer term effct on it is unlikely. so look for short up bursts followed by decline. unless something else happens which it will.

best investment now is to pay down debt to easily manageable amount especially if older and wiser.
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