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

To: ggersh who wrote (22956)	9/23/2009 4:17:38 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71477

yes i am not a big fan of the pound but its positive correlation to the dollar and perhaps some consolidation of the crosses, like today, could support it a bit. It was a relatively nonvolatile short position today; it never rose very much and spent the whole day around 1.6430 until the fed came. Well if stocks sag the pound also sags or vice versa as the enplus poster posted recently... so I´m wary. the quick and hefty tank of the Oz after 14:00 is warning enough.