Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ItsAllCyclical who wrote (47927)	3/27/2013 10:44:18 AM
From: Fintas	Respond to of 221780

AGREE. There are many reasons as to why US DOLLAR 1 - 1.20 would not be good. So I'm happy with the .76 - .90 as you present. Fintas

To: ItsAllCyclical who wrote (47927)	3/27/2013 11:23:58 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 221780

All very excellent point, many thanks for your assessment, much appreciated and it makes good sense... I'm just looking at the chart and trading what I see... I'm probably very wrong, but I do like the long side of the dollar and I'm a pretty good cheer leader for my positions...<g> GZ

To: ItsAllCyclical who wrote (47927)	3/28/2013 1:29:12 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 221780

Again I can see Dollar getting stronger, but it's already a heavy favorite short term based on COTs and sentiment. But the Fed is going to try and prevent any major upsurge in the USD, IMO.. That's why they came out and were discussing how they hadn't done enough easing and need to continue... They are trying to prevent deflation, and they way they are doing it is by printing dollars to offset the deflationary pressures lurking in the global economy. So they issue more sovereign debt.. and try and get already debt ladened consumers to borrow even more in the private sector... That's not happening (as monetary velocity indicates).. Pumping a lot of air into a leaking tire may make it look road-worthy, but it's still got a leak.. And that leak is unemployment, declining wages, increasing welfare and food stamps, and lack-luster consumer demand.. Like Rick Santelli indicated when he pointed out that 1 in 4 workers in Alabama are on disability.. Taking into account the medical benefits, it beats working for minimum wage.. Hawk