The ETF for the Dollar Index pulled back as I suspected it would, I didn't think it would only last 2 days. In any case, I believe it can be bought here and now with the caveat that it closes above $23.92; if so then you can hold it and place an initial stop below $23.83.
If the dollar is moving up, now would be the time to go back and take a look at my recent short ideas among energy and commodity related issues.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment