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


To: Qualified Opinion who wrote (78134)12/10/2007 11:30:29 AM
From: Real Man  Respond to of 94695
 
Maybe, but Iraq is just a small part of the dollar problem.
The real problem is the printing press, or the multiple
bailouts of various bubbles by the Fed. -g- As a result,
we have a financial economy and dying manufacturing, and
can support the dollar with... nothing! I just HOPE the Fed
does NOT cut 50 bp. as the market is predicting, because
this will put an additional pressure on already very weak
dollar.



To: Qualified Opinion who wrote (78134)12/10/2007 12:24:13 PM
From: Real Man  Respond to of 94695
 
economist.com

A dollar bullish cover? That's the BK type I'm expecting.
The story itself implies that the dollar decline won't get
disorderly. I expect otherwise.