Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (8927)	3/12/2008 10:24:38 AM
From: Stoctrash	Read Replies (3) \| Respond to of 33421

DXY didn't move and the LT downtrend is ugly, I've been watching it for many years. We're going to have to live with it, only now it's making headlines. A Good thing, like you point out is that this helps US exports, mfg and maybe jobs etc down the road,,, after the credit bubble runs it's cycle. A rally in the DXY would be great and give many people a chance to jump on board the asset classes that have worked in reaction to its decline. Those sectors trend really good...so I wouldn't expect much of a major move, UNLESS major things happen. I full expect in the coming weeks/months that the CB's put together a big party to try and do it. Dollar rallies for a few days, then the smart money goes back to work selling it.....bwdik