Re: What happens when US$ index drops below 81?

From: "ynotssor" <ynotssor@xxxxxxxxxxx>
Date: Fri, 29 Jun 2007 10:50:32 -0700

In news:00d07fe3$0$28066$c3e8da3@xxxxxxxxxxxxxxxxx,
Pat Coghlan <news@xxxxxxxxxx> wrote:

I've heard some dire predictions that the dollar dropping below this
level would trigger some kind of crisis. At this rate it will be
there in 1-2 weeks.

Well,
http://quotes.ino.com/chart/history.gif?s=NYBOT_DX&t=l&w=15&a=50&v=dmax
certainly shows a long-term decline, but what's magic about "81" other than
being slightly below a 52-week low?

.

Follow-Ups:
- Re: What happens when US$ index drops below 81?
  - From: Pat Coghlan

References:
- What happens when US$ index drops below 81?
  - From: Pat Coghlan

Prev by Date: Re: Gold - any thoughts?
Next by Date: Deflation on the doorstep
Previous by thread: What happens when US$ index drops below 81?
Next by thread: Re: What happens when US$ index drops below 81?
Index(es):
- Date
- Thread

Relevant Pages

Re: What happens when US$ index drops below 81?
... Pat Coghlan wrote: ... level would trigger some kind of crisis. ... certainly shows a long-term decline, but what's magic about "81" other than ...
(misc.invest.stocks)
Re: Haiti: Secure and Credible Elections Crucial for Stability
... instead of advancing much-needed stability they could trigger ... yet another crisis." ... Those damn foreigners are crazy! ...
(soc.culture.haiti)
What happens when US$ index drops below 81?
... I've heard some dire predictions that the dollar dropping below this level would trigger some kind of crisis. ...
(misc.invest.stocks)