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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 (73430)	6/30/2006 9:10:40 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

I agree. The dollar index dropped a lot after Fed, 85.4 now from 86.9. If it breaks 84, then 80, the game will shift to a totally different ballpark. Gold is also going nuts. If this continues, I think the Fed will have no choice but to raise, and fast. It looks like Ben may have a credibility problem with the currency market. He had no choice but to do what he did. Didn't have to print, though. He certainly has inherited a lot of bubbles from the famous maestro, and will be a scapegoat. US manufacturing is 10% of the economy. The rest is services, financial services taking a big chunk. It's a shame, the adjustment will take years, and will be very painful. Have to move all the plants back in the US! It will happen, I'm sure. I'm very proud of this country, as it has been able to defend its freedoms lately, as the president tried to take them away. It remains the best in the world in that respect. I have seen certain tendencies to fascism and some kind of totalitarian regime, which now seem to be recognized by the society. I guess there are smart people out there -ggg- Even though we may be broke, we will still live in a free and the best country in the world