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S&P 500
5,447.87
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-0.31%
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US TECH 100
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ItsAllCyclical

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Re: opnion post# 57238

Friday, 06/05/2009 10:08:01 AM

Friday, June 05, 2009 10:08:01 AM

Post# of 77456
Don't you think it's also possible that we'll get a Dollar rally, but it'll more muted than fall '08 rally due to the fact that a certain amount of deleveraging/safe haven buying has already taken place. In that scenario I could see a move back to 87/88 and we'd have the making of a nice H&S IT top. Would be consistent w/the FA as well imho. Given how bad the other major currencies suck (along w/deflation), I'm not closed to your scenario of 102, I just see it as far less likely right now.
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