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My FF: stock crash right ahead


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#1 Tor

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Posted 23 March 2008 - 04:58 PM

This will be interesting..........

Dollar de-peg gotta happen sometime, and soon me thinks.

http://www.business2...HeadlineID=4337

This is one reason why I continue to think betting for more downside is where the odds are favoured for not much risk.
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#2 rigelpug

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Posted 23 March 2008 - 05:32 PM

This will be interesting..........

Dollar de-peg gotta happen sometime, and soon me thinks.

http://www.business2...HeadlineID=4337

This is one reason why I continue to think betting for more downside is where the odds are favoured for not much risk.


Totally agree, Thursday looked like a suckers rally before a huge drop.

#3 Frac_Man

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Posted 23 March 2008 - 06:49 PM

I would short on the open Tor, looks really good ..the fractal that is !






This will be interesting..........

Dollar de-peg gotta happen sometime, and soon me thinks.

http://www.business2...HeadlineID=4337

This is one reason why I continue to think betting for more downside is where the odds are favoured for not much risk.



#4 Islander

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Posted 23 March 2008 - 06:58 PM

The peg is not the issue, its the cycles. I have not mentioned them much, but the 22 of March is a bottom that will run to a a peak about mid April. Relax and go with the flow. More shorts are coming, but not yet. Best, Islander.

#5 nimblebear

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Posted 23 March 2008 - 08:53 PM

De-peg ? If they do that, it will probably be right where the dollar bottoms and heads back up. :lol: When they express it out loud like that, it tends to mean they are kicking themselves for not having done it sooner. They are not devining the future and they have no clue which way the dollar is going. It's certainly not a foregone conclusion the dollar goes lower from here. Though many in this world think that is the case. It seems to me everyone and their brother is short the dollar right now. An awlful lot of people on that side of the ship. If they don't watch it they will get dumped off that side of the ship into the water, and the dollar will re-bound like a mofo. B)
OTIS.