I'm not going to pretend to understand the nuances of the charting. But I think I do understand the ramifications of a continued weakness in the usd. How long can usd be purposely weakened while govt desperately reassures foreign investors that…
BBG,
I too have been a bit early to the correction party. It has been a particularly frustating week as the mkt did not go down after 10.2. But, I also noticed that the mkt did not have a hugely positive reaction to Fed announcement of continued…
I like this site a lot. Very thoughtful analysis. The USD has got to move up at some point, doesn't it? I understand to an extent the argument for a weak dollar, but it's doomsday if it weakens too much more. The manipulation can only last…
Nov 7, 2009
Christopher Forgione is now a member of BullBear Trading: Stock and Financial Market Technical AnalysisSep 28, 2009