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Strategies & Market Trends : THE END OF DAYS -- CRASH JANUARY 2000! -- Ignore unavailable to you. Want to Upgrade?

To: CBurnett who wrote (3)12/30/1999 9:35:00 PM
From: David Lee Smith  Read Replies (1) | Respond to of 7
 
The dollar crashing goes contrary to any logic. One would think with Y2K money would be pouring in around the world into our strong economy and currency. One would think it would soar next year, along with the stock market.

But look at the chart and tell me what you think. It is as bearish a chart as I've ever seen. Someone out there doesn't buy the strong dollar and is making a big bet against it.



To: CBurnett who wrote (3)1/1/2000 4:35:00 PM
From: oilbabe  Respond to of 7
 
CBurnett: Why would the dollar crash? Have you seen what the fed has been doing every day for the past few months? Coupon passes, repo's, liquidity pumped in faster than a toilet can flush. Looking at a chart of the dollar, someone doesn't like it, and the feds actions could be part of the reason.


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