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Wednesday, 4 March 2009

DOLLAR VS DOW PART2

Dollar broke out and the S&P broke down. Until Dollar weakens index will not rise. This will be the relationship to watch going forward, it will be one of the signals telling us when the bear is done. Any pullback in the Dollar should equate to a bounce in stocks, but thats it. The Dollar is a seriously flawed currency and not to be bought for the long term. The current trend will reverse and the Dollar will make new lows in the future.

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