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

To: Real Man who wrote (31718)	11/4/2010 8:45:40 PM
From: ggersh	Respond to of 71426

My bad stated it wrong, but yes there should be a speech(charade) soon about the dollar. -ng- As far as the break in the Dollar I haven't measured but the 50's sounds about right, remember it will probably overshoot meaning high 40's is possible. -ng- Fewer and fewer are participating in these bubbles not a good sign. WS, Hedge Funds, and PE are the only people all in. Some have Gold and are delighted. Maybe one day soon an ounce buys a house! -ng-

To: Real Man who wrote (31718)	11/4/2010 9:19:11 PM
From: ggersh	Respond to of 71426

Logically thinking...Courtesy of my friend at Naked Trader So what do I think? For quite some time the Payroll’s data comes in worse than expected. Analysts are looking for +60,000 and the Unemployment Rate to fall to 9.5%. A lower rate does not surprise me. No one is out looking for a job with winter coming. What wouldn’t surprise me is what I think the number will be tomorrow. There is a reason Bernanke is trying to get confidence up…the job market is shit. My number is -18,000 and 9.6%. If my Payroll number is spot on or the number is worse, you can be guaranteed one thing…if the shit is going to hit the fan, I don’t know why it is, but 90% of the time the shit hits on a Friday. And if the shit does hit the fan tomorrow, Wall Street will not recover like past weak jobs numbers. The bulls giveth and the bears taketh away. Not everything goes up in a straight line. We haven’t had a shitty fan in a while…MAYBE TOMORROW.