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the dark age of the US dollar


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#1 .Blizzard

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Posted 04 April 2007 - 01:16 PM

Head & shoulders or triple top? :ninja:

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#2 Islander

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Posted 04 April 2007 - 02:02 PM

Head & shoulders or triple top? :ninja:

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You are likely correct - another dark age. But the trades up in FXF, FXY are offsetting and should be looked at for all looking for undervalued currencies. On the Yen I like the December call at strike price of 90, and selling a Euro/Swiss future contract . I think the carry trades are going to unwind swiftly and profitably. Islander.

#3 Woody

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Posted 04 April 2007 - 02:03 PM

[quote name='.Blizzard' date='Apr 4 2007, 01:16 PM' post='280897']
Head & shoulders or triple top? :ninja:

...Descending Wedge..........

http://stockcharts.com/c-sc/sc?s=$USD&p=W&b=3&g=0&i=p87954770451&a=102772677&r=6057.png


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