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

To: carranza2 who wrote (80582)	7/17/2008 12:37:50 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

That, sometimes British pound. This run is not intended, organized by hedge funds or something, just a lot of foreign investors running away from a rummy currency. Asian crisis was orchestrated, I believe. Hedge funds were often involved when there was some dollar peg breaking

To: carranza2 who wrote (80582)	7/17/2008 5:54:03 AM
From: Real Man	Respond to of 94695

A currency run usually produces a solid bottom in the currency that lasts a long time... However, first, at a much lower value, second, it does that if the policies shift forcibly to Volcker type. If they don't, then the currency just goes to zero (everything else priced in that currency goes to da moon). Gulp! Look at the dollar priced in gold. Long term chart is dead linear and outright scary, cause it crosses zero in March 2011. And no, that chart did not yet indicate any desire to deviate from linearity - when Ben cut this winter the trend accelerated... Zero means hyperinflation. Da cheif's right, DOW hits 100K, but ... u know, it ain't necessarily all that bullish, just means chorting da DOW is a wrong approach. fx.sauder.ubc.ca*&fd=1&fm=1&fy=2000&ld=31&lm=12&ly=2008&y=monthly&q=volume&f=png&a=lin&m=0&x=