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


To: Real Man who wrote (81488)5/4/2007 1:10:27 PM
From: bart13  Read Replies (1) | Respond to of 110194
 

I think I disagree on that one - USD moves sharply lower as soon as coupon passes start, while stocks (and especially gold)
move higher.


If you take lags and a "management" attitude into account, the correlation is much clearer.
The huge blast in 11-12/2006 for example resulted in the move from about 83 to 85.


Overall, I think the dollar is extremely weak, given
that 80-81 is a very strong support level.


Agreed, and the POMO relationship is about support ops (edit/add - and the Fed is not omnipotent either).