Dollar looks to be right at the falloff point:
Dollar chart
Bond yields down across the board.
Credit market implosion commenced. Flight to safety now underway. Margin calls writ large?
Fasten your belts!
PeakOil is You
Dow 14k we hardly knew ya-Dollar falling off cliff..
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Dow 14k we hardly knew ya-Dollar falling off cliff..
by firestarter » Fri 20 Jul 2007, 11:45:50
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firestarter - Heavy Crude
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Re: Dow 14k we hardly knew ya-Dollar falling off cliff..
by Tanada » Mon 23 Jul 2007, 06:27:53
Be prepared for rapid shifts in policy from the Fed on money, don't know where this is going for the next few months but it probably won't be good.
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
- Tanada
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Re: Dow 14k we hardly knew ya-Dollar falling off cliff..
by peaker_2005 » Mon 23 Jul 2007, 06:52:10
Interesting fact I observed when looking at those charts, at every time level, the chart starts higher than it finishes.
Every level. Even the one that goes back to 2005...
Except the one day.
... Still looks like normal trading patterns, though there's almost certainly manipulation occurring at some level.
Every level. Even the one that goes back to 2005...
Except the one day.
... Still looks like normal trading patterns, though there's almost certainly manipulation occurring at some level.
"Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so." - Douglas Adams
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Re: Dow 14k we hardly knew ya-Dollar falling off cliff..
by Revi » Mon 23 Jul 2007, 08:29:25
I looked at the year chart and it's really scary. It shows that the dollar going down steadily this year. Then I looked at the max chart which was for the past 3 years. It went from over 90 a couple of years ago to 80 now. The average person is getting screwed in the US.
I think that the stock market rising is tied to the dollar going down. It goes up as the value of the dollar goes down. Anybody else notice this?
I think that the stock market rising is tied to the dollar going down. It goes up as the value of the dollar goes down. Anybody else notice this?
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