From Friday's close.
Are you insane?
All Americans are long SPY,
EURO/CHF/C$/A$ and OIL
but short US$!
BEN is certainly NOT going to allow green toilet paper
to rise again and destroy the lives of so
many Americans by lowering OIL and FOOD prices.
To what purpose was all this effort
in destroying the US$ if he allows it to rise again?!
That would make him Ponzi BEN.
You'll have to wait for BEN to leave before you
see much weaker EURO/CHF/C$/A$/NZ$.
OIL to infinity and beyond!
The obese will no longer be able to afford FOOD.
That's good news!
How else can there be a recovery
without high OIL and FOOD prices?!
It's is un-American to hold US$,
unless it is for buying indices
or European stocks!
My broker said margin calls increased this week. This means more upside for the market. When this happens they usually push the market so that you will have to liquidate your positions.
The charts dont say why, they news only comes out afterwards.
What's going to prompt a pop in the buck..?
Europe would hv to fire up the printer again to even make a dent
Why? Let's hear one reason why it will go back up to where it was last August.
one reason ?
because it should that's why
we here at spy board keep the t/a reasons close to our chest b*tch
just like playing cards
we don't tell why to anything
With the FED pumping billions into bonds every month with no end in sight the US$ has bee crushed. Have you seen the EURO is near 1.37 up 400 pips in Jan. vs, the US$ ???
dont shoot the messenger.