HOLLER FOR THE DOLLAR
The U.S. dollar index has not exceeded 100 since 2003--and I expect it to move above 100 again in 2013, thereby achieving a one-decade zenith. The more severe the upcoming global recession becomes, the more strongly the greenback will rally.
http://truecontraria...k.blogspot.com/
Current position - short the qqq's....
Dollar Bulls
Started by
robo
, Jul 26 2011 08:54 PM
3 replies to this topic
#1
robo
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Posted 26 July 2011 - 08:54 PM
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
#2
pdx5
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I want return OF my money more than return ON my money
Posted 26 July 2011 - 09:05 PM
Dollar has the potential to ascend if the elections of 2012 result in fiscal hawks winning.
Otherwise there is no good reason for US dollar to go up against other major currencies.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
Dex
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Posted 26 July 2011 - 09:32 PM
I can't wait to get out the US$ and get into A$, Gold mining stocks, high yield bonds and emerging markets.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#4
dasein
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Posted 27 July 2011 - 03:59 AM
I am a dollar bull, particularly EURUSD but it may not happen for a little while. I think the AUD is still good for some more upside but it is overextended just like the resources it is based on, altho I see gold and oil higher ST.
these bull/bear questions are always fraught with the timeframe ambiguity - we have a strong trend down in the dollar but it is (IMO) getting towards the end - so one can be a bull and a bear at the same time.
The JPY vs USD runup is probably coming to an end too. The mother of all recent runups is the CHF - this should be a little different, but it is worth watching, since I think it has a message to it.
best,
klh
klh
