Betting against the USD has been just too easy; we're due for a major shafting of non-insiders. The Dollar Index components are looking a little fragile up here - the Canadian Dollar is falling faster than the USD, the JPY is looking iffy, the British Pound is floating around in the stratosphere with virtually no support in sight, and even the mighty Euro has fulfilled its chart promise by going 124+ ( nearest support 118.2 ). The $CRB is in a wildly broadening formation and could easily correct in a major way (copper is going straight up after gapping a few days ago!). We all know the trade imbalance story, but the trade imbalance was about the same June-Sept. when the USD rallied from about 92.4 to 1.00 . It seems to me very little has changed since that correction to 1.00 . Also, everybody knows the USD is going down; that has to be a red flag. A Dollar rebound would hurt a lot of people (including me) ; maybe it's something to be on the lookout for. Maybe not. What do I know - I'm always anticipating catastrophe.