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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: penthouse mike who wrote (47872)	3/26/2013 1:16:23 PM
From: GROUND ZERO™	Respond to of 221959

Yes, thanks, the bonds are beginning to emerge as a good long position... I really never have any "targets," but I think the long dollar or short euro position could be a very long term position... I think the U.S. Dollar is now beginning to launch significantly higher from a very broad base, this could take the dollar meaningfully higher over the next 5 to 7 years... where it could top is anyone's guess, but I think MUCH higher than where it is today... everyone has been so bearish on the dollar, but now I think the euro is way over priced... GZ

To: penthouse mike who wrote (47872)	3/26/2013 1:30:24 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 221959

Here's a 25 year monthly chart of the U.S. Dollar... if the cash dollar could rally above the high made last July at 84.10, then I don't know why it can't run to 120 again over the next few years... I think the dollar has bottomed for real... we've already seen troubles with Greece, now Cyprus, and I believe Italy, Spain and other European countries will be in the headlines again for yet another bailout, the European countries are all finally meeting the eventual and obvious consequence of a big government nanny State economy... If this works out, then a major fortune in gains could be realized in this long U.S. Dollar position... I'm already short the Euro and I plan to add if the Euro closes weak today... GZ

To: penthouse mike who wrote (47872)	3/26/2013 2:05:57 PM
From: GROUND ZERO™	Respond to of 221959

Bought some gold here to hedge my short gold ETF... we should pop for a day or so, using a tight stop... GZ

To: penthouse mike who wrote (47872)	3/26/2013 2:59:24 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 221959

The economic condition throughout all of europe today is no mystery, it's in the headlines every day, they're is deep trouble, deeper trouble than we are... and a strong Euro only further aggravates their problem... they have to keep rates low and I think they'll do everything they can to weaken their Euro in order to help their economy... just a hunch here... this would be bullish for our bonds and also bullish for our Dollar... I'm not an economist, but this above scenario is the only one that makes sense to me... that's my two cents on why I think the U.S. Dollar has legitimately bottomed for real and why bonds will still move higher here, not lower as everyone else is touting, at least for now... GZ