US Dollar will hit bottom within the next 2 days

Quote from YMsystemtrader:

british pound is done son.

its DONE!

DEAD DEAD DEAD
im not covering any of these until 1.99

probably in the next 2 weeks.

Barclays out today with 10 bil writedown rumors. now the scary part with that is.. is that 10 billion purely us mortgages or US AND UK

if its US only and the UK meltdown hasnt even been factored in, back to 1.70
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Let's not get ahead of ourselves here. One step at a time. :)
 
Quote from Optionpro007:

Bernanke's "expect bad numbers' meant to me, 'we are done easing' tough luck for real estate bag holders,
run away inflation is bad, recession is good.

And Trichet's, 'ok guys I am going to have to pull my guns out, if that Euro doesn't stop going up"

Of course there have been times when I have been the only one (in the world it seemed) reading correctly the fed's subliminal messages...:D

Gtty!
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I hear you on that. Market irrationality, if I can call it that, seems to be in season. But eventually, the truth will come to pass.

I mentioned the "party" analogy before in reference to this bull market on just about everything but the dollar, saying that it was 3AM and the party was still going because they were still giving away booze.

I think at this point, it's about 4AM and the party is still going, but no one has noticed the bar has been closed because everyone is still dancing and hanging around double fisted.

Wait until someone goes and tries to get another drink.
 
And that pretty much seals it:

Import prices up 1.8 vs 1.0 expected.

Up 9.6% over last year, highest rise since 1995.

No more cuts. Someone just went to get a drink.
 
Quote from YMsystemtrader:

dollar rally!!!!!

nothing like starting a sunday night up a few bills
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more like within next 2-3 month before dollar recover
the day rally mean nothing and could be fake
 
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