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


To: gregor_us who wrote (24180)11/11/2009 2:12:14 PM
From: NOW  Respond to of 71463
 
consensus? hardy looking at COT spec longs



To: gregor_us who wrote (24180)11/11/2009 8:10:30 PM
From: Wyätt Gwyön2 Recommendations  Read Replies (2) | Respond to of 71463
 
When will the USD rally,

when it's "ready", and when all who are short are least ready. being more precise is just a crapshoot.

and why will it rally?

because it "wants" to. who really knows? USD was supposed to fall due to high C/A deficit. now deficit going away. huge f*ll in C/A deficit--from 6% to 2%. also have record b**rish sentiment against, as well as massive bullish crowding into all anti-dollar trades.

anticipate a USD rally once we get to .7000 on the USDX

who knows, as Pascal or somebody said, i'd rather be approximately right than precisely wrong.

Oh, by the way, I regard the belief that the USD will rally as the new consensus. :-)

the consensus on which planet? markets make opinions, and USD is in a b**r market.