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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: John Carson who wrote (1213)9/29/2007 6:30:35 PM
From: William H Huebl  Read Replies (1) | Respond to of 71456
 
Good point! Breakdown complete means to me that the action around the support level is finished and it's all over except the shouting - meaning we could see a dollar in the 40s in the next couple of years!

Remember, the Feds are going to do all they can to support the dollar but the currency markets are bigger than anything the Feds can overwhelm except for a very short term period. I wouldn't be surprised if George Soros wasn't "short" the dollar in a major way!