wednesdays wager, page-15

quote from article i posted earlier:

".. today we are in an environment in which the US Dollar is THE carry trade of the world. More than 90% of investors are bullish on stocks, more than 80% are bullish on Gold, and LESS than 3% a bullish on the Dollar.

Now, markets are a bit like boats: when everyone crowds over on one side, the likelihood of disaster increases dramatically. This is WHY you need to be paying EXTRA close attention to the US Dollar if you have any interest in preserving your gains and portfolio going forward."


US Dollar has been trading in a relatively tight range, despite all the negative media coverage, it has barely moved at all in over a month