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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (15873)12/30/2008 8:45:08 PM
From: RockyBalboa  Read Replies (1) of 71402
 
Yes... it wants the 1.0 but it is a tough fight with lots of flares down the EUR chart.. every afternoon it is pounded and in Asia it recovers.... amazing swings. The 5pm closings make me mad and half hour later the stuff is up a cent or so.

The pound tho... sits lame as a duck. Looks like I was wrong at the mating ... 1.40 not 1.50.

Whats next, how is the resolve?

>Continued $$$ weakness and the Cable does a 10c relief rallye one sunny day. Going from 1.00 back up to 1.10.

>DX returns to 90 and the EUR crashes too when the cross cracks.

Happy New Years Eve!
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