Thursday, Sep 30, 2010
We are in the midst of an international currency war
The Telegraph: Are we heading for a replay of 1930s?
Is this not the 1930s in redux, and therefore a threat to global stability more profound and imminent than any of the more usually identified hazards of international terrorism, nuclear proliferation and the scramble for scarce resources?
Posted by devo @ 07:28 PM (433 views) Add Comment
4 Comments
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1. Crunchy said...
Still fancy the USdollar techie?
Terrorism, terrorists. terror?
It's time to wave Elliott off.
2. Crunchy said...
Ah, serenity.
For how much longer Barry?
3. techieman said...
Still fancy the USdollar techie? - yep! have posted a few pics that you could have looked at to explain why, although its probably not done on the downside yet . btw am actually long Eur/ usd @ around 1.3333, and did say was looking for 1.60 - 1.61 ish on cable.
Here is a pic for you:
http://www.elliottwaveforex.com/wp-content/uploads/2010/09/cli.usdinx28sep10daily.jpg if 74.18 gets breached on the cash dollar index then i might then concede. mind you even if it does we will probably have a move back up first.
4. Crunchy said...
Thank you techie. Some swings to come yet as there is a lot of money still short on euro.
All the best.