The dollar broke 80 today. Bonds are saying dive dive dive. Just look at the tlt (Lehman 20 year). I expect it to break its 52 week low in about 2 weeks.

We have had a strange last 3 days.Equities, bonds, and the dollar all down and gold goes up. However,the emerging markets are not falling.

Bernanke must be worried because the last thing he needs now is for the bond market to implode. How can he continue to offer bonds for bid and be rejected by the rest of the world.

If the dollar and bonds do not bounce next week

you can kiss the green shoot rally good bye!!

Tim McLeer