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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (16516)11/21/2004 10:25:22 PM
From: yard_man  Read Replies (1) | Respond to of 116555
 
if it isn't THE cover story, does it count?? <g> Not trying to be assinine -- what do you expect here Mish -- does this mark the probable start of a multi-week rally in the USD, IYO??

May I suggest that the dollar may rally or it may not -- but that this is worthless as a sentiment indicator.

The idea that a cover story for the stock market bull makes a little more sense as a contrarian indicator -- here domestic buying / selling can have a huge impact at the margin.

Currencies are a different market -- larger and not the domain (stocks are less so of recent times, too) of J6P discretion.

I think the folks we need to sample for sentiment are somewhere else.