To: CRBDeuce
while more banks may fail, the US Dollar is on the rise again.
If you call a 5 day chart proof that the US dollar is "on the rise" then I would say that is being pretty short-sighted.
Here's a chart showing
1 Year of the US Dollar against the Euro. It sure paints a different picture than the one that you're trying to portray...
![](http://ichart.finance.yahoo.com/1y?usdeur=x)
To: politicket
Yep...intimately familiar with the dollar's decline...also intimately familiar with double bottoms, which your picture clearly shows. Only the Networks/dinosaur media/newspapers are in ‘Recession’...the rest of the country is still growing! The Asset Reallocation process that we're in will only cause the Dollar to decline further if Congress continues to add to ‘stupid’. Since Congress is on vacation for the next month, the dollar is headed up...now when they return...all bets off again, of course. Reid and Pelousi are trully this countries nemesis.
69 posted on
07/27/2008 5:47:48 AM PDT by
CRBDeuce
(an armed society is a polite society)
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