& buddy of mine up in Wash St is sayin this about that....
"what they're not telling you is that Chavez of Venezuala spearheaded that movement at a recent OPEC meeting, and everyone except the Iranians told him to get f'd."
I didn't know this....but it sure as "h e double hockey sticks" makes sense to me.
Hard to imagine folks around the globe ganging up against the greenback while most believe it's overdue for a correction.
& w/re to that thread & faxed comments to me on that.....as for me (since you asked & "seem" to care about my beliefs on the matter...lol) I think the dollar wont really begin to find its' rally legs til we begin to see just exactly where these rate cuts will end....maybe in another 2-3 Q's out. Having said that, it very well may be w/in 10% of the bottom (hopefully no more) here...& sure, we may see some spikes here & there over the next few months...but I'll say its' now in a trading range of sorts until the Fed is done playin the game.
& w/re to bonds......for now, it's all chatter/rumor as nothings been inked.....but I will give you this...it's lookin more & like it could happen.....sure hope not.....& if so I may even give up my 22 game plan in protest.....however, if it does happen, he surely wont be gettin the big bux like he's acustom to.
