Worthless dollar theory = $150 Oil?

Discussion in 'Forex Trading' started by Daal, Dec 8, 2006.

  1. Daal

    Daal

    We have fundamental reasons for having oil at $100+ yet it might take a long time to get there and some bulls might lose some money. I'm getting the feeling that the dollar might be the same thing, everybody and their mother is short or buying euro ETFs, this is getting a little too much mainstream
     
  2. Cesko

    Cesko

    ...this is getting a little too much mainstream
    The same feeling here. The guy I know (nothing common with trading) asked about opening FX account so he can buy Euros. The same guy tried to buy Gold when it was around 700-740.