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


To: RockyBalboa who wrote (9140)6/19/2008 9:26:51 AM
From: westpacific  Read Replies (1) | Respond to of 71452
 
Yen, agree, now what.

It has broken its very solid uptrending channel to the downside!

It has also broken a very key DMA, to the downside.

It is oversold, near term, hard call.

Japan is the biggest holder of the US 2.2Trillion Ts, or about 24% of the total!

This may be a factor.

West