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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (72794)	3/20/2006 9:35:12 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

We'll see. Last week foreigners sold 10 billion worth of US treasuries. The fundamental situation is horrible - almost $1 Trillion current account deficit, which adds $45-50 billion per year in interest payments. 7% trade deficit is not just bad, it's horrible. With the Fed being a major bubble proponent, the only fundamental direction for us is much higher long-term interest rates and much lower stocks and dollar. It will happen, and it will be the cause of a major currency crisis, but will it start this week? Only time will tell.