Friday, March 20, 2009

Dollar TANKS = MARKET GOES UP (right?)



that's TYPICALLY how it works.





very very rarely do ya see STRONG neg divergance where they both go in the same direction. (as today)



Sorry to sound like a perma bear, but that IS a very very bearish sign.


EWT 804.30, it was not breached.

Things dont look good for the bulls here, imo.

And i would not "bet" on the dollar tanking too much harder. Heres the chart of the dollar compared to all other currency. (uup)

.....Oh yea, DBA trumped GLD again today (hint hint)....as refered to in a previous post. (for the hyper-inflation traders)

1 comment:

  1. wow, that is a great bear thesis.

    ReplyDelete