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02/22/05 4:42 PM

#361627 RE: Ace Hanlon #361623

If that's the case Laird, then that 's one reason the smart money is dumping homies last couple days. That does not a trend make, but it's a start.
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ajtj99

02/22/05 6:58 PM

#361651 RE: Ace Hanlon #361623

Today's plunge in the USD is nothing more than the buck getting down to the cross rate support of 78. That low in the end of 2004 was a bogus triple bottom, so we're headed for the real support below that.

I anticipate a fairly sizable bounce in the USD once we hit that level, probably no later than mid-March.