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With the greenback weak and sentiment overwhelmingly negative, Peter Brandt notes the chart...

With the greenback weak and sentiment overwhelmingly negative, Peter Brandt notes the chart structure of the dollar index today is nearly identical to the 2008 lows. "Tell me something bearish about the dollar today that I do not already know," says Brandt.
Comments (1)
  • User 487974
    , contributor
    Comments (1105) | Send Message
     
    Buy the dollar.
    If you are being serious here, you are not looking at the charts. If the bull crap that is holding all the global markets together starts to fray, look out. If you think the safe trade is gold and silver/ oil /commodities then you really have learned nothing from just a few years back. When the margin calls start to go out,{and mutual funds start to raise cash, their cash is at all time lows}, you better be small or you are going to get whacked!
    This is the endgame folks, anyone telling you otherwise is LYING to you. Prepare for the worst, if it doesn't come to pass, you are no worse for the wear. On the other hand.....

     

    May God watch over this wonderful little experiment in freedom we call America
    Jerry
    1 Aug 2011, 01:53 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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