Enough Already About Dollar Debasement

[Silverbird]

The dollar is about where it was before the global financial crisis.

http://finance.fortune.cnn.com/2010/11/10/enough-already-about-dollar-debasement/

[At least the Treasury has stopped saying they support a strong dollar while all U.S. economic policy didn't support it at all. And it's not like playing with the dollar hasn't been a spectator sport.]

 

[alevin]

Yah SB, was looking at the futures this morning. I don't play but try to understand what they are telling me. looked at e-mini SPX as well as $ futes. they're telling me sideways holding action between now and March 11, nothing beyond that point. hard to say what that means. maybe expectations about gridlock with the new Congress the first couple months post-January. other than that, got me.

 

[Birchtree]

At some point in 2011 I believe you will see the dollar back to the 120 level - that means a stronger economy and a stronger equity market. They will all correlate to the upside. Now am I bullish or what.

 

[fedgolfer]

ok, now you're scaring me... we're too bullish. I reserve the right to change on a dime, especially since TNA is looking like it's kissing the bull channel line goodbye at this moment

HA!