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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: westpacific10/30/2007 6:20:49 AM
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Dollar may be close to near term bottom.

The point and figure has been calling for 76 since November 30th 2006!!!!!

At bottom of B Band Monthly

Retest back up into 82/84 area on index?

Have not read one article bullish the dollar, too many dollar bears near term.

Would not be buying other currencies right at this point that is for sure. That is not to say it does not head lower in the future, just a technical bounce........if so could set up a nice chance to buy the other currenies in the months ahead.

What would cause a bounce? No fed cut?

Euro, Yen, Aussie, Canadian, Swiss

West
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