InvestorsHub Logo
Followers 37
Posts 3066
Boards Moderated 0
Alias Born 08/23/2011

Re: Montanore post# 15738

Thursday, 10/15/2015 5:59:47 PM

Thursday, October 15, 2015 5:59:47 PM

Post# of 39190
Absolutely! Watch the DXY (Dollar) and even though it had a big bounce today from it's trouncing yesterday....it looks like it's rolling over!! The DXY is the FED's Achilles' heel! Once it breaks down that will limit the effectiveness of its QEs programs! The ONLY reason the DXY didn't tank below the 70s back two years ago is because it was bailed out by Draghi obliterating the Euro (i.e. remember "whatever it takes") and Koruda (Abenomics) with doing the mother of ALL QEs in Japan and destroying the Yen! Those cards have been played and the DXY ran to 100 "believing" the FED's BS about "raising rates" and the economy about to "lift off" and accelerating around the corner! This will turn ugly....it's not a question of "If" but a matter of "When"! In the meantime trade nimble, quick, and smart and don't "buy" into the MSM Hype/Proproganda!
- JMHO