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

To: Real Man who wrote (9940)8/7/2008 12:13:21 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71454
 
When the RSI hits 70 then it gets interesting, the first time.



To: Real Man who wrote (9940)8/7/2008 12:15:37 PM
From: Giordano Bruno  Respond to of 71454
 
An obvious golden opportunity - no pun intended.



To: Real Man who wrote (9940)8/7/2008 8:31:19 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71454
 
Look what the EUR is doing,it crashed! DX took 75. Mind you, I go long EUR. <g>

Much of the meat is in the faltering of the EUR JPY carry trade. It lost 2 full points. This august looks like august last year. Back then the EUR JPY would lose more than 15 points in the campaign. Only difference. Back then the JPY rose. This time the EUR falls (vs. USD).


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