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Europe lowering rate??? So far not budging as they want inflation to be low....
My guess....US do not wish to have strong dollar. It will stay up after a little rally for a while to calm down the mkt, then will see the dollar plunging again. OIL and GOLD will stay above water for a long time....OIL US$125-150, GOLD US1,200-1,500.
winsontkl ( Date: 07-May-2008 21:29) Posted:
Both cheong together hand in hand....
idesa168 ( Date: 07-May-2008 21:11) Posted:
| If you believe that the dolarre is about to rally, then it's no good for the GOLD and OIL.....agree |
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Both cheong together hand in hand....
idesa168 ( Date: 07-May-2008 21:11) Posted:
If you believe that the dolarre is about to rally, then it's no good for the GOLD and OIL.....agree?
cheongwee ( Date: 07-May-2008 15:42) Posted:
| If u believe in chart, the dollar is abt to rally. this is good fopr market. I think it is very bullish. hope so. |
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If you believe that the dolarre is about to rally, then it's no good for the GOLD and OIL.....agree?
cheongwee ( Date: 07-May-2008 15:42) Posted:
| If u believe in chart, the dollar is abt to rally. this is good fopr market. I think it is very bullish. hope so. |
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Dear Cheongwee,
You are right, Euro will cut its interest rate to maintain its export competitiveness and at the same time to jack up the sluggish domestic retail sales, also a sign of tame inflation has been anticipated so far. Hence, global equity market will run into mild rally entering this 2nd quarter, DJ reaching 15,000 or above within this year will be on its path!!!!!!!!
If u believe in chart, the dollar is abt to rally. this is good fopr market. I think it is very bullish. hope so.
