Eur/USD

While I agree on the oil issue to a point (though the US shows strong resiliance to oil at this level) I believe that gold follows the dollar, not the other way around.

 

1.2132 spot BULL!

 

I "see" a fairly bearish look to the $index on the monthly chart. Do any of you have this view or am I the only one.

DRT

 

What I see is the spot bouncing rather dangerously along an hourly uptrend line. One break below it and it's bye-bye birdy.

 

You're a big contrarian-- I like it!

 

Okie dokie, but I think she's headin south.

 

me too---Im still short the 126 calls.

 

Just to clarify. I was talking about the $Index.

 

A Euro View

 

Sorry, I was thinking you meant EUR/USD. I am bearish the euro at the moment, but not bearish enough to be outright. That's why I shorted the 126 calls recently. I can be wrong and still right.