Quote:
Originally posted by bearprofits
What's the Dollar going to do on it's current elevator ride? Good news for the Dollar on the capture of Saddam, Going Up? Whoa!!! My opinion, current administration likes a cheap Dollar, no need for tariffs, all in a sudden US exports cheap on the world market, Going Down? Whoa!!!! EU can't come together on new constitution, Going Up? Talks of EU intervention against Dollar. Uncle Alan OK with Dollar's slide.......
Watch out Come Monday Morning, think the best play is no play for now.
Just a Newbee's thoughts
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I agree, Saddam is still but a small part in a big world picture...the asian open has already provided huge gaps with most pairs, while obviously positive initially for the dollar, it hasnt changed a lot of other fundemental problems. Im waiting it out and will just enter when my system indicates a secure trade, up or down.