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Strategies & Market Trends : The coming US dollar crisis

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From: maceng29/23/2009 3:15:36 AM
   of 71456
 
Some market participants used to say...

"Think like a criminal"

That all changed. There is no need to be quite so boorish.

Todays markets are much more sophisticated.

These days the slogan could be...

"Think like a Fed banker"

Just looking at the usd/jpy and eur/jpy. EUR/JPY is hard up against it's LT trend, the USD/JPY has room above it to (I reckon) of about 4 Yen to bring us up to 94.7, hard against the LT down trend forming a higher low from the Jan 08 low.

Just a thought. Are the currency crosses the prime movers with the currency indexes tagging along?
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