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    Aussie dollar at parity right now

    thanks for the info Steve. I have to say i am very impressed (without having looked at the stocks yet), with your thought process. Amazon is too expensive for me, but it is fast growing and has a sustainable business model. I think its definately a top quality company that deserves a status...
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    Aussie dollar at parity right now

    What US stocks are you looking at Steve?
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    Aussie dollar at parity right now

    Stick to your original statement all you like, this is a 'democratic' forum, everyone is entitled to an opinion, that doesnt make the opinion right. I might not trade, but thats because i invest, and dont want to barstadize the two (and be successful at neither). Anyone who is 'day...
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    Aussie dollar at parity right now

    actually hopefully three fold: (a) appreciation of the underlying investment. However its not as easy as it sounds, with QEII, overseas equity markets are also going up (including the US), this makes it harder to create investment positions. Especially as AU$ seems to be correlated to the...
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    Aussie dollar at parity right now

    Sunfish my comments were based on this. Any day trader who feels we should be back at 80c and traded accordinly will have been obliterated over recent weeks. Therefore people with such sentiments SHOULD NOT be day trading according to their beliefs. There market can trade away from a...
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    Aussie dollar at parity right now

    no i am saying that if one is day trading on the belief that the AU$ should revert back to US$0.8, then obviously that person would be shorting the AU$, and hence currently would be sustaining continued and serious capital losses. If the day trader was going long AU$ that would be a different...
  7. I

    Aussie dollar at parity right now

    i would have thought its the reverse:eek: anyone day trading on the belief that the AU$ is quickly reverting back to 80c is seeing their capital evaporate. Those making long term investments have plenty of time to let things play out.
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    Aussie dollar at parity right now

    its also a great opportunity for australian investors to start getting international exposure. My next strategic step is to establish US$ borrowing facilities for global equities with the source capital being US$ and the borrowings in US$ with US$ borrowing rates.
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