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Strategies & Market Trends : The coming US dollar crisis
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To: sea_biscuit who wrote (3541)1/23/2008 4:59:09 AM
From: Real Man  Read Replies (1) of 71456
 
Possibly. We'll see how bad the earnings get. This
administration seems to be determined to protect the stock
market at the cost of blowing up the dollar, and they have
some fuel left (low TNX), so bears be warned. A rally often
follows the "parade" of officials. Not about to get long
myself, too risky, I'd rather, well, short the buck. -g-
Their games may not be over until the dollar and the long
bond both collapse. I think we may even see a new high for
the stock market. Ouch! I can't believe I said that.
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