Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 683.00

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Nov 11 4:00 PM EST

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To: John Pitera who wrote (46567)	2/21/2013 2:24:59 PM
From: GROUND ZERO™	3 Recommendations Read Replies (2) of 218696

Well, it looks like the currency war and the "race to the bottom" has begun in earnest... Japan along with several other countries, New Zealand among them, announced yesterday they're not going to allow the U.S. to prop up their respective currencies... so far, it looks like the U.S. Dollar is the big loser in this race since the dollar has turned sharply higher over the last few days... I've been long the dollar and added more long positions today, I think we'll see the U.S. Dollar end up as the strongest currency this year, as a result... GZ

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