USD up, Dow up

Discussion in 'Trading' started by Blue_Bull, Dec 4, 2009.

  1. I wonder how long this lasts?
  2. S2007S


    So many talking about this scenario.
  3. AyeYo


    The question is: which one breaks down?
  4. Most likely the Dow. I think the USD is the driving force in the relationship, not the other way around.
  5. sell the S&P
  6. none breaks for a while as
    - the USD weakness has been massively driven by "pure" speculation
    - rise in the equity indices is on the back of real money chasing the market

    USD is going to strenghten from now on
    Equities will not correct significantly before 2010

    then expect massive correction in equities to occur sometime in 2010 and dollar remain strong
  7. USD been in the driver's seat this morning. Had a great morning session with stocks and currencies trading together and following through. Finally a decent trading day!
  8. Gold blew up. Down $59 from yesterday's high.
  9. AyeYo


    Gee, didn't see that coming. :p
  10. S2007S


    gold down, who would have made the bold prediction that gold would have at least a 5% pullback???

    See what happens when people pile into a trade that seems to only go in one direction....
    #10     Dec 4, 2009