US Dollar and stocks ready for an intermediate term bear market rally
Sam Adelton
Mar. 17, 2008

Look for $600 gold. Look for 85 in dollar index. Also look for 13,500 is Dow Jones Industrial Average in the next several months. It is called bear market short covering rallies.

The gloom and doom will soon change into the ecstasy of joy among those who got us into this trouble.

There are chances that US Dollar is making a long term bottom here. As Japanese economy heads south, carry trade gets popular again, yen can move up in to 115 areas. The Euro zone is headed for a deep recession and that can drag Euro back to 135 area.

The bond market can go down with steep rising yields. The commodities especially oil and metals and sink like never before

US Dollar and stocks ready for an intermediate term bear market rally
Sam Adelton
Look for $600 gold. Look for 85 in dollar index. Also look for 13,500 is Dow Jones Industrial Average in the next several months. It is called bear market short covering rallies.
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