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Strategies & Market Trends : 50% Gains Investing

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From: Schnullie9/23/2008 1:49:55 PM
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Is anybody short the dollar here? (Is anybody NOT short the dollar here?)

I bot UUP (long the U.S. $)some weeks back, rode it up, gave everything back when Paulson proposed the bailout.

I bot SKF(short the financials) last week until the SEC put it on ice for at least 2 weeks.

OK, can we all agree that we should short the dollar...or is this too obvious? Look at the amazing chart symmetry of UUP (long the $) and UDN (short the $). Every blip appears to be reproduced, upside down, on the corresponding plot.

finance.yahoo.com
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