InvestorsHub Logo
Post# of 42555
Next 10
Followers 5
Posts 2829
Boards Moderated 0
Alias Born 12/08/2004

Re: Nettles post# 30045

Wednesday, 02/11/2009 10:51:16 AM

Wednesday, February 11, 2009 10:51:16 AM

Post# of 42555
I say volitility will continue to be King & w/re to trying to figure out which genl direction the greenback will go is silly....just take what the chart happens to be given you at the time.....no need to overthink it....easier said than done tho I know.

We've never been down this road b4 so it's gonna be hard to say which way it'll move.....if ya ask me I say indeed it'll be the dollar that the fed will also sacrifice.....BUT, as per usual, if this is the case it wouldn't surprise me ta see them prop it up awhile longer (actually move it further north) before taking it all down. This way when/if it does finally bottom out, the bottom wont seem quite as bad.

But as stated, this is nothin more than currency fodder as we've never been down this road b4....just take what the charts are settin up 4 ya & leave the drivin to da Feds...who are of course asleep at the wheel ;)~


"Risk comes from not knowing what you're doing."

Warren Buffet

http://www.zeitgeistmovie.com/
http://www.thevenusproject.com/

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.