Thursday, November 3, 2011

Every Piece Counts

That's what 3C means, "Compare, Compare, Compare", it's a reminder that you find important information where other people miss it, or as they say, "To make money, you have to see what the crowd missed".

Here's the market/SPY with the FX correlation that usually running at 1.0, in the last hour down to .60

The FXE/Euro is in red and failed to make any new highs like the SPY did in yellow and a bit before. That mismatch in correlation seems to be returning back to the median now.

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