Sell the rallies, dollar is going to hit 1.57 against the EUR. I expect the economic news for the rest of the week to be negative.
We caught a break with the oil number, had it come in flat or tighter we would be above $140 now. Anyone been paying attention to the mammoth housing bill making its way through congress? That will get you to 1.57 Mr Dodge, maybe even 1.6.
No one gives me any credit ? The upside move was just to absorb the shock. NOW, Tomorrow's GDP will pull it down to 1305, Which makes it unchanged to yesterday's morning.... They do everything to keep it floating... Dang, I pulled out of my 1335 shorts early again.