pisces - running of the bulls monday, page-58

Pisces, yes I do make something of it. I see the US Dollar Index as at a juncture, and I see this action as the motivation for it to go down one path rather than the other: up instead of further down. The result is that equity markets are likely to suffer and move to the downside. If equity markets were temporarily walking the tightrope to move higher, they just got knocked off the rope, to put it another way. There would likely be a lot of short covering on DXY and those who were about to sell would think twice now they're in effect going against BOJ. The moves may not last, but I would expect the impact to be more than 3 or 4 hours.