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07/14/07 9:42 AM

#1537 RE: rich ruscio #1536

To understand $USD and SPX performances, it is worthwhile to note that we are in different geopolitical environment and at a critical, major breakout juncture, SPX 1550, with inverse relationship between SPX price performance and $USD performance since 2003 and especially since 2006 as shown on the LT $USD and SPX comparative chart.

The weak performance since 2003 seems to be relating to the article which I posted noting that Iran has switched to the euro from Spring 2003.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21214655

Note that the article is written by "Independent Researcher" which could be unbiased if the writing is revealing facts. I have not verified his writing, however, based on other readings which I did in the past and based on the $USD performance, the writing seems to contain facts with source links.

In summary, SPX and $USD are showing inverse relationship at the moment and are trading at critical break points which are highly worthwhile to pay attention to.

There are differences between a house built on a rock and on a quick sand, so good to know the foundation.