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

To: Secret_Agent_Man who wrote (10703)	8/26/2008 9:21:51 AM
From: Real Man	Read Replies (1) \| Respond to of 71456

The buck is kind of ending the bear market, so there will be ups and downs. My guess is the final low is still to be made, perhaps, in the 50-s, but if you want an analogy of the bottom, perhaps, it's one in 1987 at 85.42? 74 is my level above which caution of intermediate term trend change is in order. Now 78-80 is a strong resistance, of course. This says nothing about gold, which went totally ballistic even as Euro was making new lows... Yen will likely take off under the circumstances, and so will gold. bp2.blogger.com A global recession seems to be here, short everything -g-