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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (10698)8/26/2008 9:36:52 PM
From: TH  Read Replies (3) of 71456
 
Vi,

<we have a change of intermediate term trend. It may
resume when US government entitlements come due in 2-4 years.>

No, 2-4 more months. You are getting your purge, just not in the expected direction. This dollar move is a desperation play, for it was the only play they had left. It is as if Goldman, the lapdog of Paulson (or is it the other way around), blew a trumpet and pronounced their dollar bear stance was over. The blew that trumpet at the just the right time and the mindless hedgie lemmings stood at attention.

The new story is the rest of the world is just terrible, and they don't confess their sins. Our dollar awaits those confessions.

Do they have a Fanniebon and Freddiefurter Mac in Europe?

And, if Obama wins, and the dollar plunges, who cares?

GT
TH
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