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

To: Tony Starks who wrote (81344)5/1/2007 7:32:37 AM
From: Dan3  Respond to of 110194
 
A major support level for the dollar is being tested:

Set this chart to a monthly view to see:
fxstreet.com

If we go through that support level instead of bouncing off it, it could add a couple of points to the inflation rate, all by itself, and force the FED to raise rates.



To: Tony Starks who wrote (81344)5/1/2007 8:54:26 AM
From: Tommaso  Read Replies (1) | Respond to of 110194
 
DBA has not done much so far because grains and sugar have not been in a definite uptrend since I bought. I have a very large position in DBA aand will maintain it unless I find out something bad about it. Corn, wheat, soybeans, and sugar are things that people are going to have to buy, and I think it's a sort of hedge both against inflation and even more the decline of the dollar.


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