Seeking Alpha

Patrick Young's  Instablog

Patrick Young
Send Message
Patrick Young is an independent investor. He previously worked in Upstream R&D for ExxonMobil. He has a M.S. in Geology focused on igneous petrology and geochemistry, and is currently working towards a Ph.D. in the same at Yale University. He has wide interests in technology, particularly... More
My blog:
The Rock Doctor
View Patrick Young's Instablogs on:
  • Why buy dollars?
    This market looks like it is still being watched very closely by traders for intraday support to the rally. There is still a battle going on between the bears - who are VERY pessismistic still - and the bulls, who are looking for higher support levels. The bears are bullish about the dollar. They are buying dollars by selling equities, but why do we want to own dollars. How has the value of the dollar been supported by any real action this year? The Fed remains easy, and the rest of the world is ahead of the game tightening monetary policy, so I don't see any non-speculative way to make money holding dollars in the next year.
    Tags: UUP, SPY, dollar, market, bull, bear
    Jul 05 2:42 PM | Link | Comment!
Full index of posts »
Latest Followers


  • If $TSLA fails to power on through $190 in next couple days, look out below! Longs are only long because of rising share price.
    Oct 7, 2013
  • $FCX 20 day crossing its 200 day.
    Sep 19, 2013
  • $FCX has been very unkind to the bears the last month.
    Aug 14, 2013
More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.