Friday, October 24, 2008

END of dollar rally???

Talking heads keep saying dollar rally is "flight to safety" - RUBBISH...imho it is purely demand for dollars form US international funds being liquidated and repatriation of dollars to the US. HOW Long will it last? I'm sure we are close to a top for the dollar..look at the charts...extreme overbought/oversold (depends which currency you are looking from!)

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