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


To: Real Man who wrote (1924)11/2/2007 2:32:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 71452
 
Well without halfways strong reports the dollar would crash..., it is so 1998. The fed saw a problem and is to cut and cut and cut, and help creating a new vicious bubble. 12 months from now or so.

Shorting the market which is drowning in liquidity is never easy. Not before the fed begins to remove stimulus again. They buy themselves time up to the 2008 election, "Mission accomplished!"...



To: Real Man who wrote (1924)11/2/2007 2:34:04 PM
From: Tommaso  Respond to of 71452
 
Jim Rogers said he was going to dump the buck. That ought to cover a good bit of trading. Buffett's going international. If China decides these two Americans know something . . . ?



To: Real Man who wrote (1924)11/2/2007 3:42:53 PM
From: kaydee  Respond to of 71452
 
<<Someone is dumping the buck, and forex analysts are scratching
their heads: Why, oh, why? These are strong reports.>>

It happened on the previous strong Non Farm payroll report also, if I remember correctly. (The Aug-07 negative payroll # was revised to positive #. That day also the dollar was dumped.

This I think is because some countries, also called sovereign nations/funds, (like Taiwan, Qatar etc...) are diversifying from dollar to Euros. Like Asian countries buying our Treasury debt, these countries diversify, at any cost. Market fundamentals are not involved here, all IMO...

I have Nov puts on Euro, will expire worthless, most likely...

kd