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Guessing we'll inch closer to 1400 on the won today

 
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bassexpander



Joined: 13 Sep 2007
Location: Someplace you'd rather be.

PostPosted: Tue Jan 20, 2009 4:06 pm    Post subject: Guessing we'll inch closer to 1400 on the won today Reply with quote

It's quite possible, after this US market dump yesterday. :

http://www.foxbusiness.com/story/markets/futures-slip-inauguration/
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chickenpie



Joined: 24 Dec 2008

PostPosted: Tue Jan 20, 2009 4:22 pm    Post subject: Reply with quote

Great!!! Keep this up for another two months and I'll be laughing all the way to the bank!! Cool Cool Cool


My wives company is also enjoying this as she is still selling the same amount of items for the same price, but making lots more money, her company has started getting really busy recently to!!


Last edited by chickenpie on Tue Jan 20, 2009 4:24 pm; edited 1 time in total
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agoodmouse



Joined: 20 Dec 2007
Location: Anyang

PostPosted: Tue Jan 20, 2009 4:24 pm    Post subject: Reply with quote

chickenpie wrote:
Great!!! Keep this up for another two months and I'll be laughing all the way to the bank!! Cool Cool Cool


My wives company is also enjoying this as she is still sell the same amount of items for the same price but making lots more money, her company has started getting really busy recently too!!


To laugh/cry all the way to the bank
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chickenpie



Joined: 24 Dec 2008

PostPosted: Tue Jan 20, 2009 4:25 pm    Post subject: Reply with quote

agoodmouse wrote:
chickenpie wrote:
Great!!! Keep this up for another two months and I'll be laughing all the way to the bank!! Cool Cool Cool


My wives company is also enjoying this as she is still sell the same amount of items for the same price but making lots more money, her company has started getting really busy recently too!!


To laugh/cry all the way to the bank


I'll going there with happiness if the currency keeps the same!!
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agoodmouse



Joined: 20 Dec 2007
Location: Anyang

PostPosted: Tue Jan 20, 2009 4:27 pm    Post subject: Reply with quote

chickenpie wrote:
agoodmouse wrote:
chickenpie wrote:
Great!!! Keep this up for another two months and I'll be laughing all the way to the bank!! Cool Cool Cool


My wives company is also enjoying this as she is still sell the same amount of items for the same price but making lots more money, her company has started getting really busy recently too!!


To laugh/cry all the way to the bank


I'll going there with happiness if the currency keeps the same!!


Were you a fan of beef/chicken pot pies when you were younger? I ate Swanson microwaveable pies all the time with my father.
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chickenpie



Joined: 24 Dec 2008

PostPosted: Tue Jan 20, 2009 4:30 pm    Post subject: Reply with quote

agoodmouse wrote:
chickenpie wrote:
agoodmouse wrote:
chickenpie wrote:
Great!!! Keep this up for another two months and I'll be laughing all the way to the bank!! Cool Cool Cool


My wives company is also enjoying this as she is still sell the same amount of items for the same price but making lots more money, her company has started getting really busy recently too!!


To laugh/cry all the way to the bank


I'll going there with happiness if the currency keeps the same!!


Were you a fan of beef/chicken pot pies when you were younger? I ate Swanson microwaveable pies all the time with my father.


Not sure I know that brand.
I do have a large amount of money waiting to mature in March though, that's been waiting 6 years. With the currency rate as it is I will get nearly 1/3 extra than I was going to, that's quite a lot on $65,000 Very Happy
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talltony4



Joined: 09 Aug 2004

PostPosted: Tue Jan 20, 2009 9:07 pm    Post subject: Reply with quote

hey chickenpie, us regular folk don't want to hear about your bundles of cash. Hope that helps
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sobriquet



Joined: 16 Feb 2007
Location: Nakatomi Plaza

PostPosted: Tue Jan 20, 2009 9:19 pm    Post subject: Reply with quote

talltony4 wrote:
hey chickenpie, us regular folk don't want to hear about your bundles of cash. Hope that helps


Why not? It's always good to see that people have made some future plans for their financial security.
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sojusucks



Joined: 31 May 2008

PostPosted: Wed Jan 28, 2009 3:11 am    Post subject: Reply with quote

The market has been surprisingly stable around 1380-1400 even considering that Korea is exporting less to China. Hope the market doesn't burst while I am here.
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weatherman



Joined: 14 Jan 2003
Location: Korea

PostPosted: Wed Jan 28, 2009 4:17 am    Post subject: Reply with quote

sojusucks wrote:
The market has been surprisingly stable around 1380-1400 even considering that Korea is exporting less to China.


Very true. I dont think we will see a fast correction. I think the the idea of a strong won is over. We might never see 1000 unless there is a paradigm shift in how the Korean ecomony is run.
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Wed Jan 28, 2009 4:20 am    Post subject: Reply with quote

Actually, it moved W20 in our favor today.
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jdog2050



Joined: 17 Dec 2006

PostPosted: Wed Jan 28, 2009 5:07 pm    Post subject: Reply with quote

Ya-ta Boy wrote:
Actually, it moved W20 in our favor today.


Temporary. We aren't even remotely through the worst times yet. Today I saw some smiling stock market worker on the cover of the Korean Herald because the kospi moved like 6%. I just thought, "You poor fucking sap".
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Real Reality



Joined: 10 Jan 2003
Location: Seoul

PostPosted: Fri Feb 13, 2009 4:50 pm    Post subject: Reply with quote

Sad

Last edited by Real Reality on Fri Feb 13, 2009 9:48 pm; edited 1 time in total
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T-J



Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae

PostPosted: Fri Feb 13, 2009 5:03 pm    Post subject: Reply with quote

What got my attention over the past two weeks is the uncoupling of the currency exchange rate and the KOSPI. In the past if the stock market went down the Won's value followed and visa versa.

However as of late a rising stock index has had no effect on the value of the Won.
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