Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: William H Huebl who wrote (75312)	4/19/2007 11:17:58 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Agreed there, and 80 is support for now.

To: William H Huebl who wrote (75312)	4/20/2007 10:58:10 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Well, the Fed has engaged in massive printing in the past 2 weeks, so I think the USD might just slice through 80 some time very soon. 2 back to back coupon passes last week, 2 coupon passes this week. Mortgage-backed securities and derivatives are deteriorating fast. Clearly, their agenda seems to be to print housing and banks out of trouble, not real inflation, not the dollar. Not that we didn't know. These coupon passes do cause the dollar decline to accelerate, just like they cause broader stock market rallies.