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


To: ggersh who wrote (5797)4/3/2008 8:55:45 PM
From: RockyBalboa  Read Replies (2) | Respond to of 71406
 
The coffee is, somewhat sideways. I nearly got stopped out of it when it neared 1.25 but never reached it. Since early April it looks better now. Theres little room for error. If it sees 1.27 again then I give up on it.

(But I got separated from a lot of other positions, including Wheat, Euro, Gold and various carry trade reversals. I found it odd to end up USD long for a brief while but if the market demanded it....)

It is a good thing that bonds are not near 120. I think we have seen it. Lets hope for decent numbers tomorrow and with so much money going into stocks theres no place to buy treasuries right now.

It is odd that the hypertrophic volume is gone in many commodities. Either the market loses interest or some ownership change has taken place. At this time there was usually lots of hammering away but now the stuff hardly trades.