Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 687.86

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To: GROUND ZERO™ who wrote (40017)	11/7/2012 8:40:05 PM
From: Keith Feral	Read Replies (1) of 220814

DXY looks like it's closing the gap around 81 to the upside as FXE closes the gap around 1.26 to the downside. I see a lot of things to be bullish about right now. The only thing that makes me even more bullish would be an even higher dollar and even lower oil. Post election dump off is designed to piss everyone off and make them defensive. Creates more stability in the market for future returns. Today, it's all about the fiscal cliff, tomorrow it's all about the compromise to manage through the fiscal cliff. I think the shock will be how quickly Boehner and Obama hammer out a deal now that the polls are closed. I don't see any further political or economic upside to gridlock for another 4 years.

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