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

To: John who wrote (57153)	3/10/2015 12:51:11 PM
From: ggersh	1 Recommendation Recommended By John Respond to of 71463

Sorry, no memories of the Ike spoof. ;-( Sure was funny, though unlike the hit that DJGSP is experiencing, chart wise a double bottom in order?

To: John who wrote (57153)	3/10/2015 12:53:38 PM
From: Horgad	Read Replies (1) \| Respond to of 71463

The dollar is right at about at 50% retracement of the drop from late 2001 highs. Also there is some resistance at this level back to the early to mid 90s. Lastly the up move certainly has gone vertical. So technically this looks like a very good time for the rally to die or at least take a breather. However, fundamentally something has to change / mark the top or there is no good reason to stop here. As long as the US dollar and related remains viewed as a bastion of economic strength and the safe haven of safe haven and others keeping easing, the sky is the limit. Lets watch and see if technicals and fundamentals manage to find a way to intersect at this juncture or not...