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 690.36

-0.5%

Jan 14 4:00 PM EST

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To: penthouse mike who wrote (47872)	3/26/2013 1:30:24 PM
From: GROUND ZERO™	Read Replies (1) of 221783

Here's a 25 year monthly chart of the U.S. Dollar... if the cash dollar could rally above the high made last July at 84.10, then I don't know why it can't run to 120 again over the next few years... I think the dollar has bottomed for real... we've already seen troubles with Greece, now Cyprus, and I believe Italy, Spain and other European countries will be in the headlines again for yet another bailout, the European countries are all finally meeting the eventual and obvious consequence of a big government nanny State economy... If this works out, then a major fortune in gains could be realized in this long U.S. Dollar position... I'm already short the Euro and I plan to add if the Euro closes weak today... GZ

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