Arnold, if you look at the history of 4PWs exchange rate predictions, he isn't even square yet. The only thing in his favour (and which has me now spooked) is that large financial houses, banks etc -see financial rags- are predicting that the AUD will hit parity with the USD this year. As soon as a lot of economists all start pointing in one direction, it's time to run in the other.
Bushy- he may be eloquent, but it's just a case of baffling with bull****. His reasoning is bizarre (to be kind).
As for the rest; naked-recommiting's post gets the "OUTSTANDING" award. Market ructions (even large ones) are buying opportunities- not signs that the market is finished.