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


To: Real Man who wrote (21113)7/1/2009 9:30:50 AM
From: zamboz  Read Replies (1) | Respond to of 71412
 
For the moment, USD and 80 seem to be in love with each other. Like Romeo and Juliet. Act 3 awaits. <g>



To: Real Man who wrote (21113)7/6/2009 4:50:16 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71412
 
I am actually waiting for real news which would drive volatility. Short term realised and implied volatility are too low; making option writers too optimistic.

One of those news could be a shakeup in britain, the other a Ch.7 conversion of any of the big bankruptcies, the third, of course a better public perception of the silent collapse in southern Europe (happening right now) and Californica, not honoring IOUs come October first.

Do we have a name for it? "The Wilshire Crisis"



To: Real Man who wrote (21113)7/6/2009 2:19:09 PM
From: RockyBalboa  Respond to of 71412
 
Vi, good call (so far). One could see it throughout the day; the dollar surrendered most of its gains, Treasuries recovered and turned green.

Market was flush with liquidity regardless how ugly it opened.