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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (17491)2/9/2009 6:50:07 PM
From: RockyBalboa  Read Replies (1) of 71456
 
its a bit goldilocks time... you know, volatility is way down, and it is even pretty safe to carry around stocks. And yes now and then I buy pound and I own barclays stock which I probably never sell again; of course I was interested in the EUR backfill up to 1.30 (with a lot of volume as EUR/GBP rebounded). The moment the USX future got tired, at 86 or a bit below all that stuff turned bullish.

Yen is the only thing which I would not buy right now (even as it rebounded). Tough to buy a weak currency.

Oil, well:Feb settled a tad in the 30s as suggested, and march oil also not showing 4s (the rich contango swept over into the next delivery, April $6 up).

I don´t know, people still don´t like commodities: Soy is repeatedly failing at 1000, wheat at 600, and corn is a drag anyways. There is hardly a session where the stuff is bidding up. (I could be wrong: chart-wise they don´t look that bad..)
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