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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (888)	9/10/2007 10:07:10 AM
From: stan_hughes	Read Replies (1) \| Respond to of 71426

If the pothole on this road is unavoidable (and let's set that debate aside for now) I would be looking for a break of DXY 78 rather than 80. A break of 78 technically opens the door to DXY ~72 (and lower), which would roughly correlate to your Yen 100 depending on what the Euro does. However, for DXY 72 or lower to be achieved, I see the Euro part of the equation as being a bit problematic, because it's hard for me to imagine the EuroZone remaining solid as the US economy goes down the tubes given the common financial sector problems, i.e. the current crisis is not a "US loses, EU wins" or "US wins, EU loses" scenario. I think especially the US and also the EU, but in the end everybody takes it in the shorts together here -- although in the case of BRIC, "taking it in the shorts" might only represent a return to mean growth rather than recession. Globalization looks good when everybody is growing in unison -- the flip side of it however doesn't look all that palatable to me. In fact, it makes me wish that space travel was an option, because I think I'd leave. We probably shouldn't be looking at the DXY index at all, and should be focused exclusively on individual pairs based on their own fundamentals