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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (91806)12/4/2009 4:30:33 PM
From: Real Man  Read Replies (1) of 94695
 
You could be right. What I meant was that even very short term
the anticorrelation between spoos and the dollar is pretty good,
so Spoos may have to correct on Monday, now that the dollar has
bounced. This happened in the past. Robots are running the
trade, and for them the dollar short and spoos long is the
same damn thing. So, if the currency reacts positively to
the jobs report, expect spoos to go down shortly -g-
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