The markets are acting very weak. (Just as I said they would on Oct. 21) The dollar has been gaining strength driving the prices of commodities down. Lately, the stock market has been moving down as the dollar strengthens. This is a strange world we live in. What to do in these uncertain times? Buy the Powershares US Dollar Bullish ETF (UUP) on weakness. I think the dollar has formed a short term bottom that you can trade.
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October 26, 2009
Weak as Erkle at a powerlifting meet
The markets are acting very weak. (Just as I said they would on Oct. 21) The dollar has been gaining strength driving the prices of commodities down. Lately, the stock market has been moving down as the dollar strengthens. This is a strange world we live in. What to do in these uncertain times? Buy the Powershares US Dollar Bullish ETF (UUP) on weakness. I think the dollar has formed a short term bottom that you can trade.
