Erick Tippett

Option Trader Friday Outlook: Is the Dollar Going UUP?

The federal reserve board here is quite expert at creating
bubbles, commodities are merely the latest convenient
vehichle for their specious economic philosophy, though I
agree with Prechter that gold can be tricky and may be wildly
overvalued at present. But there is also the argument that
it is highly undervalued as well. Time will tell which argument
is most accurate as this market continues to give signals that
perhaps a severe correction is at hand with a strong dollar rally
certainly fitting that scenrio, it may not be far off at all!

Erick Tippett
Chicago, Illinois