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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (1334)10/8/2003 7:45:27 PM
From: Jim Willie CB  Read Replies (1) of 110194
 
the USDollar appears ready to descend to more serious lows
critical support was around 92 on the (meaningless) DXY

stockcharts.com[h,a]daclyyay[dd][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

I wish the Fed Broad Dollar Index had more following
with futures contracts associated
this DXY has been shown to be meaningless in the last 18 months
it dropped over 25% with no dent on the trade gap
which is dominated by Asian deficits

/ jim
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