Market vs. Dollar

    jobs/market

    Posted by bboylan on 4th of Dec 2009 at 09:34 am

    If you were short the dollar and long the market....with huge profits...won't

    today be a good day to take your profits by selling into the stockmarket rally and

    at the same time covering your shorts?

    Today will be all about the close!

    BB

     

    Yes - the close is

    Posted by steve on 4th of Dec 2009 at 09:35 am

    Yes - the close is what will be important.

    Inability to breakout again

    Posted by safadig on 4th of Dec 2009 at 09:38 am

    To me this speaks tons as to a market top as they cannot get a better number and are not taking it up 300-500 points..

     

    The close will tell the tale

    Still early

    Posted by perthx on 4th of Dec 2009 at 09:44 am

    New SPX highs and Dow is close...

    ...wait a bit, they can jam this baby up to 1130 and  Dow10650-10750 yet. The close will tell. Then again, maybe this is the final blowoff top...I'm not betting either way.

    Correction I am putting on a small objective short with a tight stop.

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