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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (11817)	10/18/2007 2:14:54 PM
From: Real Man	Respond to of 12410

G7 tomorrow is very important for currencies, it could shake the forex market (and stocks) if there is a message addressing the dollar and Yen weakness. dailyfx.com

To: Chip McVickar who wrote (11817)	10/19/2007 8:30:09 AM
From: Real Man	Read Replies (1) \| Respond to of 12410

I looked at his past predictions, and he was very wrong a number of times recently. Nothing happened Yesterday either. Gold might drop, dollar might bounce a bit, stocks may correct a bit, but I just don't see enormous dislocation he is talking about, especially the huge dollar rally (another cut in October is being priced in right now, which is bearish for the dollar, bullish for stocks) unless the Fed starts raising rates all of a sudden. Not likely at all. He could be right on the direction of some commodities, and China surely should crash at some point, it's gone parabolic, but a repeat of 1929 NOW is pushing it quite a bit too far.