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

To: RockyBalboa who wrote (10131)	8/10/2008 10:39:12 PM
From: Slumdog	Respond to of 71455

Sept. Crude Oil last at 116.20, up a buck. 200sma 113.67

To: RockyBalboa who wrote (10131)	8/11/2008 10:53:05 AM
From: HH	Respond to of 71455

Sure looks like short covering on the USD ,,,,, Still hard to picture the USD sustaining any enduring strength when you factor all the credit risk that has to unwind in the US economy. I have a unique interest in the USD / Euro value and struggling to forecast the future values of these two currencies. slowdown in both economies but US has the bigger credit bubble. If the US slows down,,,, by nature, US purchasing of foreign goods will slowdown which could be , in a odd way, supportive for the US currency.