So the key take away is short Tiwan?
Posted by on 05/05/2008 at 07:46 PM
Jimmy Rogers Sticks With Recent Investing Themes
Monday, May 05, 2008 - 5:49 pm
Jimmy Rogers' crystal ball has worked like a charm over the past few year, although he has likely given back some of his gains as the Chinese stock market sold off hard.
But Rogers is sticking to his guns for the most part, looking for more trouble in the U.S. economy and stock market, although he thinks the dollar rally might have further to go. Today's price action has some speculating the dollar might have decoupled from oil; something traders might want to consider given their recent correlation.
As usual, Maria Bartiromo has the interview of the day, a seven minute sitdown.
Comments:
I think he took some knocks with his asian longs for sure, but likes Taiwan. It is still up year to date, and he is sticking with it.
Taiwan and China, Taiwan and China he has been saying for a year now.
Short the FTSE based on what he thinks…
Posted by on 05/05/2008 at 11:54 PM
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