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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (75071)3/27/2007 11:41:34 AM
From: Real Man  Read Replies (2) of 94695
 
I think a break of 80 for USD will cause enough psychological
damage to start the chain reaction of BK. The other market
to watch is 10-year and 30-year interest rates. A sustained move
up in rates (down in bonds) along with the dollar moving down
against Yen will likely cause a lot of damage, as it
has been, leading to the BK. We are not there yet, but
the Fed is not leaning on the printing press. I wonder if
the dollar is their reason.
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