USD situation getting serious

Discussion in 'Trading' started by The Kin2, Nov 6, 2007.

  1. short term double top will look to short over $146.50. Time to drink some coffee.
     
    #51     Nov 6, 2007
  2. Just thinking about this, I mean the Chinese aren't that stupid, surely they're just openly threatening Ben not to get any ideas about cutting again soon (or they'll start liquidating). That should really strengthen the dollar, for a while anyway, but would rattle the equity markets pretty hard.
     
    #52     Nov 6, 2007

  3. That's a decent idea. Just have a tight stop in case China does any more talking. :D
     
    #53     Nov 6, 2007
  4. S2007S

    S2007S

    oil rising and dollar falling, seems the markets could care less, how bad does this situation have to get before people realize something is very wrong.
     
    #54     Nov 6, 2007
  5. capmac

    capmac

    Relax folks, who cares about the dollar anyway...

    You should all know that the lower the dollar goes, the higher the stock market goes.

    The most important thing is that you all should be heavily invested in GOOG. THAT is how you make money...
     
    #55     Nov 6, 2007
  6. cstfx

    cstfx

    Cable.

    12/16/04 - 1.9550

    11/28/05 - 1.7120

    - 2430 pips,

    and look where it sits now.
     
    #56     Nov 6, 2007
  7. bluud

    bluud

    no one in America knows what is going on, and I am serious, ask anyone who is not into markets and economics and see what they know about the current USD status
     
    #57     Nov 6, 2007
  8. S2007S

    S2007S


    I agree, no one has a clue about it and they could care less about it. I have people asking me why gas is going up these past few weeks, I look at them and laugh, I say oil is headed to 100 and they are like okay....they have no clue...sad isnt it......instead of teaching kids about who the 21st president is and how to play baseball they should show them the price of oil and the value of the dollar.
     
    #58     Nov 6, 2007
  9. .9100 taken out
     
    #59     Nov 6, 2007
  10. You're off by one dead President. If they learned about the 22nd (and 24th), Grover Cleveland, they might learn something about the value of the dollar. And about what a proper President who respects the Constitution does after he's elected.
     
    #60     Nov 6, 2007