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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (91809)12/4/2009 5:09:33 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
A rare day and a positive number. There was a rather extended
period in April when the buck moved higher with Spoos.

However, sharp bounces in the dollar (on unemployment number)
usually resulted in a Spoos correction. Look at the dollar
bounce in early August, also on a better unemployment number,
and note the Spoos correction and some lag. IMHO. Lately the two
markets almost go completely opposite to each other, as if
it's one trade. Look at 1/USD vs Spoos. -g-



Today SP yet again failed to break out. It might as well
go down -g-