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

To: Real Man who wrote (20664)	6/4/2009 8:00:57 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

Oops... clownbuck surged! DX hit 80.00 after dovish Europeans. Bonds are still weak. British pound massacred... it crashed in like 30 seconds. US Bonds are at the lowest level today, well the fed is still asleep. Maybe they buy up bonds later..

To: Real Man who wrote (20664)	6/5/2009 9:55:59 AM
From: RockyBalboa	Respond to of 71456

Perhaps the clownbuck for more than a trade... quite the sea change after numbers. No dollar sellers whatsoever. How easy it became to call off a currency crisis and create another, these days. Shocking.

To: Real Man who wrote (20664)	6/8/2009 5:47:10 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

And after the poor European election result which strengthened the right wing and weakens the prospects of the Union... the buck shows further hefty gains bringing the DX to nearly 81.50 1.38 and still little traces of EUR buying. I look at treasuries to buy, in earnest (for a swing trade). Why: the overhang in the short term rates has been resolved on friday with the big spike in funding rates; stocks weak means flatteners will come out. then the fed could still buy paper at the new lower prices. Remember, it deflated from 142 to 113 (+ carry), so a 6, 7 points gain is not out of the world.