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


To: maceng2 who wrote (19967)4/24/2009 3:50:59 PM
From: RockyBalboa  Respond to of 71456
 
Agreed - I made a bundle on shorting the pound today, but in the end was pretty lucky to consider the weakening $index (see EUR, JPY) in absolute $ terms - as general $ selling began to outweigh mid-session.

Though in the end - by now the $ index lost a point and the pound is, shockingly still red. This is absolutely weak. There is no other currency or metal which is, short term, so weak.

I had to go back in history quite a while to find a day where both the yen and the eur went up significantly. Save for the nuke day, that was more than a half year ago.