Finger prints on the currency market - DFWstangs Forums
 
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post #1 of 6 (permalink) Old 07-16-2008, 08:01 PM Thread Starter
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Finger prints on the currency market

I was doing my normal scan of markets when I got home. I noticed an oddity in the gold chart. Them I check my suspion against the US$ index. I noticed yesterday's move was at the same time and same magnitude, when I over laid today's chart with yesterday's.

Last edited by TexasDevilDog; 02-08-2009 at 05:17 PM.
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post #2 of 6 (permalink) Old 07-16-2008, 09:09 PM
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so what happened at 11am east coast time?
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post #3 of 6 (permalink) Old 07-16-2008, 09:17 PM
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And?

You finally noticed? I have seen this for the last 20 years or so. Most markets are manipulated.

'96 GT, PI conversion ,lots of bolt ons, Mach 1 chrome rims, NOS, and still not enough power. Not only looks slow, it is slow.
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post #4 of 6 (permalink) Old 07-16-2008, 09:22 PM
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Quote:
Originally Posted by David L. Gary
You finally noticed? I have seen this for the last 20 years or so. Most markets are manipulated.
you mean the markets are being manipulated????? NAW!!!

OBAMA WOULD NEVER LET THIS HAPPEN!!!!

vote obama 08 hell prosecute anyone making a profit in the market!

Last edited by sc281_99-0135; 07-16-2008 at 09:30 PM.
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post #5 of 6 (permalink) Old 07-17-2008, 05:29 AM Thread Starter
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Quote:
Originally Posted by mikeb
so what happened at 11am east coast time?
It appears to me the Treasury deparment has drawn a line in the sand for the lower bound of the strong dollar policy and has been supporting the dollar. The USD has bounced off these levels several times this year.
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post #6 of 6 (permalink) Old 07-17-2008, 06:53 AM
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Quote:
Originally Posted by TexasDevilDog
It appears to me the Treasury deparment has drawn a line in the sand for the lower bound of the strong dollar policy and has been supporting the dollar. The USD has bounced off these levels several times this year.
ah, I was wondering just how for they were prepared to let the dollar fall
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