A member sent me this video this morning, if you watch the entire clip, toward the end the host talks about a lot of UUP ($USD ETF I highlighted yesterday) calls being sold, a LOT.
I'm not sure I agree with the host's view that it may be because of the extended rally in the dollar, the fundamentals of the news flow would suggest a continued move up in the $USD and down in the Euro.
Considering the size of the selling, this isn't a small time trader, this is likely someone big enough to have some good connections and as I said yesterday, likely knows something we don't yet.
In any case, it's good to see 3C confirm the actual trade via yesterday's Euro/USD (FXE/UUP) post.
Here's the link to the video ad thanks again G. for sending it.
http://www.youtube.com/watch?v=emubO8D-JFI&feature=g-all-u
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
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