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Post# of 704019
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ItsAllCyclical

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ItsAllCyclical

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Re: SantaCruz post# 205093

Saturday, 02/14/2004 9:05:54 AM

Saturday, February 14, 2004 9:05:54 AM

Post# of 704019
>> $USD - Short term prediction <<

The bounce off the lows was totally artifical. The trade deficit numbers, had the market been allowed to act freely, should have sent the Dollar to new lows. Looks like the EU intervened. We've seen from Japan spending billions of Dollar that inventions merely slow the rate of decline down, not stop it. I suspect this Dollar move will be capped at 86 or 87 max and we'll see new lows soon.

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