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  • Elliott Wave's Robert Prechter on the dollar: "If these markets continue to be contra-cyclical, as I think they will be, you're going to see a rising dollar for quite a period of time." (video, 6:36)  [View news story]
    charts, stats, waves, cycles etc.....all of limited use except to "validate" when something does happen.......these are novel sets of circumstances and we should be extremely wary of "theories". Current fundamentals look pretty bearish for the dollar, and anyway, a rising dollar is a crimp on recovery.
    Aug 17 18:46 pm |Rating: +3 -2
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