Perspective on the Dollar Rally

This chart from Michael Kahn over at Barron's puts the dollar rally in some perspective, eh?

People are saying the dollar bear market is over but as rallies this decade go it doesn't look that big.

It could extend and turn into something big, of ,but we have seen this movie before with regard to snap-back rallies during this decade.

This applies to charts of other things having violent moves in the other direction from what we have become accustomed.

To me this is a good reminder that these moves, counter trend or the real deal, happen often, do not require a panicked response, and make a good argument for moderate exposure.

I was never in the gold $2000 camp, and thought oil could come back down to $120, but as fast as the moves have been, I think the best thing would be for the velocity to slow down, let these things (currencies, commodities and anything else on your mind in this context) calm down and find their footing. Very fast moves, in my opinion, belie a very nervous market--more nervous than usual.