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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (81115)4/24/2007 5:30:08 PM
From: Perspective  Read Replies (1) | Respond to of 110194
 
Come on, if I was *sure*, I'd be rich! I just think there are WAY too many dollar shorts on right now for the support level to break and stay broken. I'd expect a probe, and I think an emerging markets crisis could erupt right around that point. There are so many emerging market securities in weak hands right now, mutual fund investors and leveraged hedge funds. Get the emerging markets bubbles into a little trouble and there will be a huge flight back to the dollar.

That's my preferred scenario, anyways.

BC