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User Info What am I missing about ABX ?; entered at 2007-12-02 09:57:38
Energyecon
Posts: 355
Registered: 2007-11-16 Houston, TX
Bubblesee,

My WAG or SWAG (Wild Ass Guess or Silly Wild Ass Guess) - yah - if you buy dollars at or near record low then there is some kind of ass kicking selloff when the dollar bear trade is one of the most crowded in recorded history (slight exaggeration) that would seem to have the ingredients for some kind of meteoric squeeze play...and the Fed cuts on the way to 1% didn't do too much for the markets when the US was heading into recession the last time.
2007-12-02 09:57:38