i was looking at a long term chart of the dollar. it started to decline in 01 and bottomed in
early 08. it seems like we did a .38 retrace which topped in june of this year. the implications
are that we could be starting a wave 3 decline in the dollar. this could get truly interesting here
with implications for everything. are we about to start an uncontrolled slide in the dollar. i dont
know but the chart of the dollar to me sucks i dont see any large rally coming here.
your thoughts are appreciated.
g
dollar monthly chart
Started by
gannman
, Aug 13 2011 09:38 PM
No replies to this topic
#1
Posted 13 August 2011 - 09:38 PM
feeling mellow with the yellow metal