[Gritty]

Looking at the dollar graph, there is no way I would touch investing in dollars unless I were going short. There is a long running, strong downtrend in place.

Even if the $ somehow managed a rally around 10% to the 78.00 range, that downtrend would still be firmly in place. The Euro and other major currencies are going to have to do a lot of backtracking even to see that big a move.

I do look for a short term rally here, but unless we do something big to help ourselves out - like deciding to massively drill for our own oil - I suspect the downtrend will continue at least to the 69.00 level, at which point the lows might test again. Might. We are really cruising in uncharted territory here...

[JasonC]

"Looking at the dollar graph, there is no way I would touch investing in dollars"

Ah yes, the rear view mirror that never lies. All trends continue. So, if you ever see one, borrow the whole world and bet it keeps going. I mean, it worked so well in US real estate, right? And the techs, before that. And junk bonds, before that. And commodities, before that. And...