Dollar Fluctuations

[FundSurfer]

Dollar seems to be dropping like a rock based on Berny's comments.

 

[The_Technician]

Dang, the dollar just dropped another penny to the Euro.... 1.25+

Wonder what happened there.....I fund ...is it going up from here????

 

[tsptalk]

Re: imported post

Those headlines are the best contrarian indicators...

I'd love to see a headline in the newspaper or on your local news Thursday or Friday saying "Panic on Wall Street!". We'll know we can start buying.

I'm glad you started this up again Tech. I can now see how much the dollar rose after that contrarian Newsweek dollar article in March 2005. The dollar went from 81 to 92 during the next 8 months.

If anyone sees a Newsweek cover mentioning the stock market, please let us know.

Thanks,
Tom

 

[Pilgrim]

Re: Dollar value

What reasons do we have at the moment to indicate the dollar may get stronger????

War on Iran....??
Interest rates...????
Domestic economy???
Trade imbalance???

If you have any suggestions, feel free to make it.....

Maybe it will strengthen in the short run because, like the price of oil, speculators and manipulators are in the drivers seat and mere fundamentals are riding in the back. Reality will win sooner or later, of course, but those of us that trust in what is out in the open for all to see may feel some pain as hidden powers play their games.

 

[The_Technician]

Dollar value

What reasons do we have at the moment to indicate the dollar may get stronger????

War on Iran....??
Interest rates...????
Domestic economy???
Trade imbalance???

If you have any suggestions, feel free to make it.....

 

[coolhand]

imported post

http://tinyurl.com/bq955

EU Constitution referendum is going to be interesting. French vote may spike the Euro anddollar seems to be hitting resistance despite encouraging economic data.

 

[MR CARLO]

imported post

http://www.mises.org/story/1804

Long article, covers the china yuan. China is big and powerfull from an economic stand point.

 

[coolhand]

imported post

http://tinyurl.com/dnc9n

Sooner or later China will revalue the Yuan. The rumors are circulating again and the dollar is weaker this morning.

 

[tsptalk]

imported post

Newsweek cover story this week... The Incredible Sinking Dollar. The sign of a bottom [in the dollar].

Those headlines are the best contrarian indicators...

I'd love to see a headline in the newspaper or on your local news Thursday or Friday saying "Panic on Wall Street!". We'll know we can start buying.

 

[coolhand]

imported post

http://www.msnbc.msn.com/id/7170226/site/newsweek/

 

[tsptalk]

imported post

Newsweek cover story this week... The Incredible Sinking Dollar. The sign of a bottom [in the dollar].

 

[Shaggy]

imported post

Thanks for the link, great article. Now I am trying to read the rest of them.

 

[coolhand]

imported post

http://tinyurl.com/4ozcy