Jeff Greenblatt's FIBONACCI FORECASTER on July 7, 2011-
"big square out? Go look at the long term US Dollar chart. The top comes in at 121 and change. The deadline for Congress and the Federal Government is August 2. I suppose its a good thing we aren't counting on them to settle the NFL lockout. I'll tell you this much, I think the NFL will strike a deal next week and Congress will go right down to the wire, the way they did in Greece. But we are hitting month 121 at the same time the US is as close to default as they've ever been. There's several possibilities here. The Greenback can invert this month which means we hit a high as opposed to a low which means the long bear continues. We could actually end the long bear in the Dollar THIS MONTH. "
Porky-see my weird charts
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