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


To: stockycd who wrote (1585)10/18/2007 5:40:31 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Well, either we get the dollar bounce or they losing the battle
completely, and we are going straight into the dollar crisis.
Gold should tell before it happens, IMHO. It never lies.
Huge spec positions in gold usually mean a smackdown is
coming. However, if they take delivery and load up again,
gold will go much higher. Holding most of the gold carefully
with stops, sold 1/3 to load up on Yen,
but I shorted some stocks this week (covered Yesterday), and
looking for another short setup, maybe next week. Maybe I
covered too early, but this market has been completely insane
post-cut.

TNX is the big puzzle. Lower and lower she goes. Some might
say "flight to quality" in credit land.