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


To: Grandk who wrote (5508)3/26/2008 7:39:03 AM
From: Real Man  Respond to of 71405
 
Not that action in particular. Carry trade coming back with
liquidity will now enhance the move down that would happen
otherwise anyhow.



To: Grandk who wrote (5508)3/26/2008 8:22:49 AM
From: Real Man  Read Replies (2) | Respond to of 71405
 
I'm afraid after the Fed dropped rates to 2.25, and current
account deficit still very high, the chance of a sustained dollar
rally is about as high as the chance to see snow in Hell, but
what do I know. We seem to be in a crisis mode here. Not sure
how long Sinclair's 72 holds. We'll see bounces, of course.