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[Tor]

From the desk of insiide track: While i do not share this view, i like this work so much to pay serious attention to it. For now I FLAT. Was short this week, closed small profit, may short again. Dollar = Last Straw for Stocks? September 2007 = Key Month 05/16/07 Weekly Re-Lay Alert: "... one of my contentions has been that another market complex (perhaps more than one) will provide the last straw for stock indices...Similar to times like 1986/1987, stock indices have ignored oft-correlated markets that would normally be deemed negative for stocks. This is not unusual since correlations are most influential once the lead market enters a parabolic phase...or breaks through a multi-year extreme. I believe the Dollar will break below its multi-year lows later in 2007... and this will weigh heavily on stocks. If the Dollar sets a rebound peak in May, this breakdown could be seen as early as mid-June (although likely later)... Oil markets are another complex that could trigger a knee-jerk reaction in stocks..." 05/23/07 Weekly Re-Lay Alert: The Back-Breaking Straw: The Dollar "Although Gold, Oil, the CRB and Interest Rates could all place additional burdens on the Stock Indices, I still place the highest probability on the Dollar providing the proverbial 'straw that breaks the camel's back'... at least with respect to Stock Indices. ...the Dollar might not be going 'parabolic' if/when it breaks below 80.53 and then below 78.50 (although that will likely trigger some panic selling) but it will be in an 'extreme phase' - the lowest point of a generation... and going lower... the reaction in stocks could be extremely sharp... and short-lived... with the sharpest stock drop occurring in September 2007 and the Dollar initially bottoming in September 2007."

[relax]

funny how technical guys are trying to explain stuff with fundamentals and the other way round stick with one or forget sure use fundamentals for stock picking, but to use fundamentals or mix fundamentals and technicals for market direction is IMO a bad strategy