The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: westpacific who wrote (42828)	10/25/2011 1:31:47 AM
From: John Pitera	1 Recommendation Read Replies (2) of 71442

Hi West, so the 63 ma is at 11230.19 and the 189 ma is at 9977.68. the 63 ma is 12.55% above the 189 and this is a monthly chart. So that's a massive shift that has to come on a monthly basis. Now I've been actively discussing a global market collapse if the Euro sovereign defaults start to kick in, the Euro banks esp. the French and several others have risks of collapse; we see the Libor and Money Markets freeze, and the Credit Default Swaps market start to implode a few of the CDS writing banks. that's what it will take to get the signal you mention to kick in, right now the 63/189 ma crossover is a long way from occurring if you time frame is under 12-15 months? What other thoughts do you have on this. John

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