but then watch out...please don't take dotted green lines as time or target...just pointing out a possible ABC
http://stockcharts.com/c-sc/sc?s=$XEU&p=D&yr=2&mn=9&dy=0&i=p46126461848&a=151946591&r=4348.png
The demise of the US dollar....delayed somewhat..
Started by
eminimee
, Dec 29 2008 11:39 AM
1 reply to this topic
#1
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 29 December 2008 - 11:39 AM
#2
zoropb
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- Traders-Talk User
- 8,392 posts
Member
Posted 29 December 2008 - 11:55 AM
but then watch out...please don't take dotted green lines as time or target...just pointing out a possible ABC
http://stockcharts.com/c-sc/sc?s=$XEU&p=D&yr=2&mn=9&dy=0&i=p46126461848&a=151946591&r=4348.png
TP I got 75.5+- first choice or 76.7 dollar best case first before another bounce to 83-84. down again to 73+- then the last run to 91-95+-.
I believe there will be another demand for cash like we just had down the road and thus push the dollar up again. This should send the equities to new lows.
I will be very long the commodities should this play out.
I wonder if Obama pulls the FDR on the dollar like in 1933.
Just guessing of course.
Z
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
