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


To: ggersh who wrote (16783)1/27/2009 5:37:09 PM
From: maceng2  Read Replies (1) | Respond to of 71454
 
Just looked at a technical indicators chart. Seven out of nine indicators for both the SPX and DJIA indexes were bearish, the other indicators being neutral. Current news coming out of the media? not bullish

So my betting chips are on stocks down and USD up near term. UK pound and Euro down followed by reversal soon afterwards, moving in opposition to the dollar as UK pound is tagged to the euro more then anything else.

That will be the critical time for the USD.

It's all a race to the bottom with currencies, last one to zero is a sissy -g-

all imho of course.