Tuesday, August 10, 2010

Bernanke will save the world, at least the US!

This is going to get interesting.   I am SO Bullish.

Bullish on Bucky that is.

NZD/USD is verged on breaking a strong uptrend line support, using the energy from a triangle right above the line to bust through.

USD/SEK is about to make a run up after a nicely formed 5 down, and a decent but kind of sketchy trendline from last December when the USD was getting pounded.

Here is the interesting part....Big Ben wants to "talk" down the dollar, at the same time that the dollar wants to rally.  

When someone says "I want to live in interesting times", I say

Be careful what you wish for.

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Insightful and Useful Comment!