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


To: TH who wrote (9608)7/17/2008 1:59:02 PM
From: Real Man  Read Replies (1) | Respond to of 71475
 
OK, oil was killed, DOW was bounced 500, gold was dumped some.
The dollar index is up 0.6 and still cannot reclaim the broken
channel that broke down after Hank's intervention speech
(important). Gold is back up some. Gold should show the way?



To: TH who wrote (9608)7/17/2008 2:09:41 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 71475
 
Oil is falling and some financials have beaten expectations. I'm not a IT/LT Dollar bull, but doesn't this justify some support of the Dollar here? I don't think it's all manipulation. Lots of people betting on the Dollar to decline. Of course any good news causes short covering rallies.



To: TH who wrote (9608)7/17/2008 2:10:49 PM
From: Paul Kern  Read Replies (1) | Respond to of 71475
 
This is intervention. I

The JCB has defended the dollar for years whenever it it weakened too much against the yen. Could they be doing it now?



To: TH who wrote (9608)7/17/2008 2:23:40 PM
From: Real Man  Read Replies (1) | Respond to of 71475
 
Did you know Malaysia banned short selling in 97-98? It helped <G>



To: TH who wrote (9608)7/17/2008 5:06:27 PM
From: Real Man  Respond to of 71475
 
They definitely need some help with that. Maybe it's not on
the way -g-