moving average cross over, page-2

IMHO

while the American people continue to suffer in this weak economy, things will continue to worsen. Corporate profits are creating a positive environment, but only because they have cut so many jobs, the number one cost for businesses. They can't cut costs anymore, they are now down to the marginal rate of productivity/labour. Now, while they hover at this level, the huge amount of people out of work and running out of stimulus will now catch up with american corporates and as a consequence, are about to enter a double dip recession, leading to an eventual great depression number 2

a huge shift of wealth is beginning, the Asian economies are emerging stronger than the USA, and its my opinion that once its clear the USA has entered a double dip, the Aussie markets will no longer play follow the leader, and in fact, the ratio between the xao and down will soon be closer to 1:1, im tipping 0.75:1 within 18 months

finally, the US dollar will continue to fall, it will reach 80dxy (the USD pegged against a basked of currencies) and from this point, it will begin free fall.


while at the current time the USD and DOW have an inverse relationship, this will soon end when US corporates go bankrupt and businesses begin to change for the better of the future, they will both free fall with each other, but, for now, the DOW will rise, 11k is possible before the USD really takes a tumble and a double dip is confirmed, maybe even 11.5k


meanwhile, when its clear that the USA is not going to bring the rest of the world down, europe continues to grow and China really put the foot down on growth, Japan will then emerge from their dismal performances economically and the Nikkei...they will all improve, a shift of wealth is now occuring


this will bring the Aussie market to another level, above 5k, and soon, the aussie will reach 8k, as American wealth is shifted to all other economies around the world, more so, the Asians


its all unfolding, its just my opinion