USD situation getting serious

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.
 
Quote from kinggyppo:

short term double top will look to short over $146.50. Time to drink some coffee.


That's a decent idea. Just have a tight stop in case China does any more talking. :D
 
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.
 
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...
 
Quote from The Kin2:

.9160ish now for USD/CAD. Damn!

-516 pips in one month
-601 pips from 9/6 to 10-6

-2491 pips since the beginning of the year!!

What currency has ever done this before? Any examples?

Cable.

12/16/04 - 1.9550

11/28/05 - 1.7120

- 2430 pips,

and look where it sits now.
 
Quote from 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.

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
 
Quote from 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


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.
 
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.
 
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