What happened to the Dollar????

Plums · #1 (**permalink**) 07-30-2007, 01:03 AM

Well it seems the bubble has burst!!!

All my day dreaming of LSX 454 cube shortblocks, big heads and mongrel cams has finally come to an end.

The dollar has gone from over 88.3 US, to under 84.9 and steadily falling.... I did think it was pretty good at over 88.0, oh well......

Heidelberg · #2 (**permalink**) 07-30-2007, 01:15 AM

G'day Bobby,

Tell me about it...there I am just about to buy that 65 K code Coupe...just waiting on the shipping quotes.

Let's hope it does'nt fall too much further...it's still good...just not as good as a week ago!

Regards,

Paul

400TT · #3 (**permalink**) 07-30-2007, 01:56 AM

I hope it bounces back as I'm on a bit of a US buying spee at the moment.

Already spent around US$3000 last week on wheels & tyres when the dollar was at it's peak. So at least that stuff came in at a good rate.

Tenrocca · #4 (**permalink**) 07-30-2007, 07:35 AM

Dont Panic yet PLums - on a 3000 purchase the difference on that drop is only 60 odd dollars - Still better off in your pocket but a drop in the cobra ocean I suspect

BMK · #5 (**permalink**) 08-02-2007, 12:24 AM

In the last 48 hours we have seen drops in the stocks in the US - similiar to those experienced immediately post 9/11.

All Ords dropped from 6500 to 6000 and now up 50 to 6050..

The dollar will rally once things settle on the stock exchange. The first board of the ASX is also experiencing some turmoil with unusual drops.

Mmmm now to talk with my brocker..

Hang on for a week or so - and then continue buying..