Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ajtj99 who wrote (89104)	7/1/2002 2:34:11 PM
From: t2	Read Replies (1) of 99280

Aj, Does this not look like a build up to a market Crash? Maybe Crawford is right. That is my bet too...and the crash materializes as soon as the Dollar index starts tanking again. It had a bounce today but the weakness in the markets is surely to start pushing the Euro and YEN higher. I am more interested in playing bearish bet on the dollar than the stock market right now (only have some QQQ puts--and gold longs). The risk/reward might be better in currency trading. Soros thinks dollar goes 30% lower and with so much of the world's reserves in dollars, that theory makes a lot of sense....ie. dollar is a bubble that is being burst right now.

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