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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: orkrious who wrote (81225)4/27/2007 1:32:32 PM
From: John Vosilla  Read Replies (1) of 110194
 
'nevertheless, the tug of war at this level remains in force - the question whether long term support at DXY 78-80 will or won't hold remains undecided.
this is where the gold price comes in - if we get a strong rally from here, the dollar bears will likely win this one. so far, the recent weakness in gold says they won't.
in spite of the fact that it isn't much talked about, this is probably an enormously important thing to watch. stock markets around the world have liked a weaker dollar. will they like a dollar that breaks below 80?'

No, they won't like that nor will they like a sharp up move in the dollar to near 90.. The trigger for a global stock market selloff is right here in this post. No need to go anywhere else. KISS works all the time<g>
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