Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (68562)	2/7/2004 10:27:22 AM
From: Real Man	Read Replies (1) of 94695

Yep. They want it down, though. The question is, when will the foreigners sell? They have been buying heavily, so far. The Asian CBs. When they sell, it's over. The common belief now is that they NEVER sell, cause it's not in their interest. I'm not buying it, though... Some time they WILL sell, that's when it will be over. You're right, the dollar matters. Now, this may have been the last bounce before the dollar really accelerates down. A crash, which will lead to higher interest rates. I think the dollar will probably bottom then, but not the market! Unless a really catastrophic event happens, the dollar should bottom about 30% lower. Currencies and metals reacted to the jobs report. And what a reaction it was! An all-time percentage record 15-min move in silver... kitco.com

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