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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: roguedolphin who wrote (1517)5/8/2006 5:42:52 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 50082
 
The idea that the buck is about to launch a major rally strikes me as absurd at this point.

Someday sure but probably not until the DXO has dropped to the 60 area.

To liken the still grossly overvalued dollar to buying the OSX or gold when they were really dirt cheap is the height of fantasy.

That said gold and commodities in general are very overbought and headed for a sharp correction IMHO.
But a sharp correction within a secular bull.