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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.34+0.2%Nov 3 4:00 PM EST

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To: chartseer who wrote (35856)8/2/2012 1:28:43 PM
From: GROUND ZERO™  Read Replies (1) of 218332
 
That's a very excellent question, but the U.S. Dollar continues to rally, in fact I bought some today... we're brain washed into thinking that printing more money would weaken our currency, but it seems that a weaker global economy than ours is helping to keep a floor under the dollar, especially when it looks like the Euro is going to collapse completely, my hunch is Europeans are buying dollars for safe haven, and maybe buying our bonds too, which is why the bonds continue to move higher... I'm no economist, but that's how it looks to me...

GZ
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