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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 (13272)	10/22/2008 8:32:02 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71477

I got stopped out (yes it would cost dearly and I forego practically all profits from cash dollars in the portfolio and then some); some decent scalps when EUR broke the 1.30 worked well though. It looks like a tidal wave and at the end, there could be a rebound. Much of it will depend on whether any money goes into the markets or people simply continue to hold dollars. Despite some bright spots, see Apple etc. in general it does not look good today again. In currencies there is hardly short covering, or buying on weakness.. depends on the greed in traders. Why buy something back like GBP or EUR which is depreciating at such a speed?