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

To: Gersh Avery who wrote (76679)	8/26/2007 12:06:37 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Notting, I tink da dollar is about to go down a bit, den da Fed won't matter. Dey cut, and dey accelerate da drop. Dis is boolish for stocks near term until da anticorrelation changes, until da dollar drops 30% a day, dat is. Den GZ might get his DOW 17K tomorrow -ggg- Sell everything neverdaless. Got burgers for $20K? -g- Da foreign CBs sold 18B last wk. Mabby dey sell $100B of stinking agency bondz next wk.? It's about time. -g- Strong global economy + weak US economy and US rate cuts is not boolish for da dollar. It's gonna sink da Fed's ship. Dat is called "carry trade", which rules da currency markets. It is 400 Trillion dollars strong, and it is turning da tide against da Fed as dey cut. All dat paper da Fed prints will be devalued. Get out of da dollars if ya want to be able to afford dat $20K burger. -g-