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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: westpacific8/7/2008 10:59:12 AM
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US Dollar, FULL BLOWN BULLISH breakout!

It is going higher, and this is very bad for US Stocks.

The US does not want a higher dollar, and not lower Oil.

I know that sounds nuts, but there are reasons!

Swiss and Japan Currencies are in full blown breakdowns NOW!

Euro takes out 152.68 and it joins the big player currency crowd breakdowns, watch it.

Euro should test at least the 147 area.....and if that breaks back into the low 130s.

And GOLD is going to 600/650 in months ahead!

West
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