http://dailyreckoning.com/prechter-were-going-to-have-another-leg-down/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sun, 27 May 2012 07:34:04 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://dailyreckoning.com/prechter-were-going-to-have-another-leg-down/#comment-44294 bilhopen Sat, 12 Dec 2009 20:14:46 +0000 http://dailyreckoning.com/?p=21133#comment-44294 bulls in denial might try to squeeze a little "santa rally" out here...but it really looks like Prechter has called it right. Dollar starts surging on flight to safty from Dubai, eastern Europe, southern Europe, possibly even Japan default fears...then if that pressure causes a dollar vaccuum...and the dollar carry trade starts unwinding...LOOK OUT...commoditie will plummet too as wealth seeks a currency it can hide within and do business with...still the USBuck for while anyway. bulls in denial might try to squeeze a little “santa rally” out here…but it really looks like Prechter has called it right. Dollar starts surging on flight to safty from Dubai, eastern Europe, southern Europe, possibly even Japan default fears…then if that pressure causes a dollar vaccuum…and the dollar carry trade starts unwinding…LOOK OUT…commoditie will plummet too as wealth seeks a currency it can hide within and do business with…still the USBuck for while anyway.

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