is this the smart money moving early?, page-60

Oooops forgot this thread...

Nice one ADW thx...

Interesting, read a few articles last night saying world banks, specifically Asian have been buying USD as of 8 oct to try and stop thir local currencies from skyrocketing.


perhaps not smart money (LOL!) but certainly big money, and great to see the pre-emptive signals appear to be valid across a variety of instruments, just as they were on the March lows for the indices.

Well we shall see how we go.


So maybe where proponents have been saying lookout if the chinese (not one of the world banks mentioned) don't like what the US is doing to their dollar, they nbeglected to consider that the chinese might take the currency situation into their own hands and FORCE the dollar up... which could well be the death of the Fed Reserve and other aspects of the bizzarrely contrlolling US based financial system.

But that is PURE conjecture...Not even an argument.

Ohh 12 mth rally ctindale.. that is a big call, but then if someone had said the indices would rally strongly for eight months from march, I would have been sceptical at the time.

;)