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Strategies & Market Trends : The coming US dollar crisis
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To: Archie Meeties who wrote (21380)7/16/2009 5:18:43 PM
From: Real Man1 Recommendation  Read Replies (3) of 71427
 
Well, the dollar chart is looking pretty sick. If we pray,
78 will hold. If 78 does not hold, 71 will come quickly.
And that is happening right now. But then of course... spoos
are going up, so this does not really count. Just the carry
trade doing some borrowin' and sellin'. I mean, who would not
borrow the heavily created clownbuck at 0%, sell it, and
buy the Aussie while spoos are marching higher? -g-

This thread's stuff is the final painful flush of a financial
crisis, straight down the toilet. Rest assured, it's coming.
Probably requires to flush all the hundreds of trillions
of leveraged WS-created fancy crap down the toilet with it.
Since the Fed is now the only counterparty, the market will need
to take them out. <G>
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