New USD bull market or sucker's rally

The current account should improve a lot on this recession and maybe the capital flight from the emerging world will continue but I've been fooled before

 

If the $USD (dollar index) closes right here or above at the end of this month then I'll go long.

 

It's real this time, go long.

 

i've been a bull for about 6 months now. The main thing killing the dollar recently has been the interest rate cuts which obviously came to a halt.

i think it has legs as europe and the commodity currencies could have a harder landing than the US.

 

Interesting data here
http://bespokeinvest.typepad.com/.s...s/uncategorized/2007/11/07/dollarbullbear.png

 

The next move for Europe is down. The next move for the US is up. The difference in rates will now begin to move the other way, and I think everyone is trying to position themselves for it.