Dollar Weak Tonight

Maybe this is 2007 after all... Long Euro 13645... And err FAZ 17.85...

chinese allowin currency to rise=bullish THE RENIMBI TIPPING POINT Its getting to the tipping point 1/ America's jobless recovery leading to tarrif on Chinese goods. 2/ Chinese no longer wanting to load up on depreciating trasheries 3/ Chinese inflation getting out of control. The costs of the current policies are getting too much to bear - policticaly and economicaly. The chinese will move before the tariff gets in place because the last thing they want to do is put all that wonderfil tariff money in Uncle Sams Treasury. And it still lets them control the exchange rate agenda by slowing the appreciation down. They have reached their tipping point. Winners 1/ Shorters of trasheries and the $. 2/ Holders on renimbi assets / chinese stocks 3/ US manufacturing stocks. now we know why internals are exploding

China's stimulus package was simply too large at 16 percent of GDP.

http://www.traders-t...?...gid=30&st=0

http://www.traders-t...?...gid=30&st=0

Good stuff... I have not seen him post here in awhile...

1/ Shorters of trasheries and the $.

I've heard the bear case on treasuries for years now and it makes sense, yet the 10 year yield is down over the past 10 months...

Edited by MikeyG, 07 March 2010 - 10:36 PM.

im gl

Closed long euro for 39 pips...