Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (77551)	11/18/2007 6:00:38 AM
From: Real Man	Read Replies (1) of 94695

Nope. I expect 60 for USDX some time in the Fall next year, maybe even lower, as the Fed continues to slash interest rates due to the banking/Re crisis. The dollar save will only come after Real Estate starts to inflate again in devalued USD. At least, that's the purpose of all this -g- We'll have to see how the foreigners react. Expect a lot more screaming from Europe -g- Stocks might continue to go higher, but contrarian indicators are still firing a sell signal for stocks next week and a buy for USD, so I don't know - the expiration was very weakish, given all the puts out there, so maybe there will be a recession. A short-term dollar bounce from deeply oversold levels will be bearish for stocks, but expect some emergency measures then, maybe another cut before December meeting, maybe some printing -g-

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next