Hello Pezz, I am busy with this and that, and not much with paper speculation.
I think we are moving into an increasingly unstable end-game period where anything and everything ridiculous can happen.
2004 election has something to do with it all, along with Greensputin's deal with the inflation devil.
We may ramp more, and then ... the bigger-still unwinding.
The dollar is driven by many forces (trade, investment, politics, geopolitics, ... leverage/deleverage), and if we are moving into the end-game phase, then events and values will zip up and plunge down, smash against each other ...
... so, in this environment, I can only keep my eye on what I think is the big picture, namely eventual Dollar Down and Everything Else Down, against some set of goods and monies, say Gold Up, for proxy.
So the danger to all on all bears and bulls of any asset class is apparent - all will get wacked.
Chugs, Jay |
