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

To: Slumdog who wrote (26092)	1/6/2010 1:18:29 PM
From: gregor_us	1 Recommendation Respond to of 71452

Well, so far the answer up to this point is you have to go short something else, or long something else, and steer clear of the SPX. Even commercial real estate ETFs are way off their lows as the transaction prices for actual buildings crumbles. I've been uber-bearish on the economy all year and remain so, but when Silver started to make a meaningful recovery that was a sign that reflation was underway. If the SPX decides to hook into the recovering economy in the developing world, I suppose it goes even further. If the next round of layoffs from state payrolls grabs people's attention, then maybe the SPX hooks into the domestic economy. From an action standpoint, SPX looks incredibly strong. Of course, I think this is from a soft-zimbabwe effect. Whether we ever go full ZIM depends, imo, 100% on the USD. Maybe one waits for a big break, then a snap back, then a new downtrend to actually get short the SPX--say on the back of some meltdown in Greece of the UK. G