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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (9536)	5/1/2001 3:32:33 PM
From: John Pitera	Respond to of 15481

I agree the chart is not overtly bearish at all... I'd like the buck even more if it was getting sold at the same spot creating a horizontal line.....then at that point it would make it highly likely we would head higher on the US buck. is there a theoretical maximum value for the USD? It depends what you are measuring it against. I think the short answer is no. When the Weimar republic had there hyperinflation in 1922-23, there was no practical top in the USD or GBP or practical bottom for the reichmark. there are fundamentals concepts like purchase price parity theories that set practical limits, but they are painted in very broad strokes.