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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (77253)	11/5/2007 5:55:15 AM
From: Real Man	Respond to of 94695

The Chinese did de-peg somewhat, although they are still trying to slow down Yuan appreciation. Hong Kong still didn't. The oil currency countries are just starting to depeg, and that has broad implications. I expect a strong dollar bounce and a Yen rally some time soon, for the record, since the dollar sentiment is extremely bearish, which is bullish for the buck. It might help the dollar a little bit here, but should not change its LT course. The US foreign debt will be forgiven at some point, as foreigners lose more on their USD investments than US loses on foreign investments. We are not there yet -g- A BK in the stock market might help the dollar, if you believe in such myths, since a big US slowdown will likely drop the commodities and the deficit -g-