Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (24258)	2/24/2005 4:00:02 PM
From: Chip McVickar	Read Replies (2) of 116555

Dollars decline has served a purpose over the last few years, to our multinationals and especially to Japan. Maybe that accommodation is coming to an end...? Being in a highly managed worldwide monetary system where the central banks all quietly "agreeing to agree"... it is my hope they remain to do just that...!!! Don't believe gold is a factor today in any positioning by the banks. Dollar has held at a blue median line and on a red lower tine. Seems the wave impulses are playing themselves out for a move higher. Wouldn't be surprised if you were right... stockcharts.com[h,a]dcoannay[dd][pb33!b50!b72!b150!b200!f][iLb14!Lb5!Ld20!Lh14,3!La8,21,5][J45962355,Y]&pref=G

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