The dollar... could be extremely bullish for stocks
#1
Posted 27 July 2007 - 10:09 AM
I really don't think a rising dollar is going to be bearish for equities......have a comparison....will history repeat? Probably not...but often rhymes.
http://stockcharts.com/c-sc/sc?s=$USD&p=M&st=1980-01-01&i=p71167645816&a=112557640&r=3992.png
#2
Posted 27 July 2007 - 10:28 AM
#3
Posted 27 July 2007 - 10:30 AM
#4
Posted 27 July 2007 - 10:45 AM
#5
Posted 27 July 2007 - 11:06 AM
http://stockcharts.com/c-sc/sc?s=$USD&p=M&st=1980-01-01&i=p39168872674&a=113047756&r=525.png
#6
Posted 27 July 2007 - 11:41 AM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#7
Posted 27 July 2007 - 12:20 PM
What a great and sad chart this is, an absolutely perfect portrait of the latest decline of the United States on the world stage.
I would like to add a historical footnote: that peak of the US dollar in the Bush administration back there in January, 2002 -- 1/29/2002, to be precise -- was the day President Bush gave his "axis of evil" speech.
That darn "Axis of Evil" . Look at what they did to our dollar I want the strong dollar back. I want the buying power.
#8
Posted 27 July 2007 - 12:29 PM
#9
Posted 27 July 2007 - 01:17 PM
What a great and sad chart this is, an absolutely perfect portrait of the latest decline of the United States on the world stage.
I would like to add a historical footnote: that peak of the US dollar in the Bush administration back there in January, 2002 -- 1/29/2002, to be precise -- was the day President Bush gave his "axis of evil" speech.
That darn "Axis of Evil" . Look at what they did to our dollar I want the strong dollar back. I want the buying power.
"They" ?
If you want a strong dollar, write your congressman and tell "them" to stop borrowing the rest of the world's money to fund senseless wars. (OK, moderator, go ahead and delete that).
Here's my ***FFF:
USD 40
SPX 30,000
by 2015
(***) Far-out Fearless Forecast
Edited by beta, 27 July 2007 - 01:19 PM.