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

To: Real Man who wrote (10698)	8/26/2008 6:47:55 AM
From: RockyBalboa	Read Replies (4) \| Respond to of 71456

It is amazing that the whole trade is so highly correlated with the Dollar. I opened the screen at past 4am because I got up very late and besides currencies, raw materials took it to the chin. They molested the wheat and gold once more. I gave up the canadian position. While stll at a profit it has been cut in a third.

To: Real Man who wrote (10698)	8/26/2008 9:00:07 AM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 71456

Hon, you may be right but I don't think they can save it just yet- I figured after yesterday we'd get the obligatory jack up today- and as long as meddling continues moral hazard increases- simple I know and I do understand about deficits but bad news is on the way and a retest of the lows is inevitable- now if they bring back rubin- still a whole lotta toxic waste yet to be purged-

To: Real Man who wrote (10698)	8/26/2008 9:36:52 PM
From: TH	Read Replies (3) \| Respond to of 71456

Vi, <we have a change of intermediate term trend. It may resume when US government entitlements come due in 2-4 years.> No, 2-4 more months. You are getting your purge, just not in the expected direction. This dollar move is a desperation play, for it was the only play they had left. It is as if Goldman, the lapdog of Paulson (or is it the other way around), blew a trumpet and pronounced their dollar bear stance was over. The blew that trumpet at the just the right time and the mindless hedgie lemmings stood at attention. The new story is the rest of the world is just terrible, and they don't confess their sins. Our dollar awaits those confessions. Do they have a Fanniebon and Freddiefurter Mac in Europe? And, if Obama wins, and the dollar plunges, who cares? GT TH