2 replies to this topic

[hedgehawk]

We have a dollar break out above the 6 mo trendline. Across the board sells on all major currency pairs EUR, AUD, CNDN and NZD. Still holding my SnP puts as posted in FF. All from the guy who sold the top in the SnP!!!!!

http://www.traders-t...mp;hl=hedgehawk

[hedgehawk]

I posted this back on July 25th. I believe the SnP was up 6.9% in July (open mo at 923 and close the mo 987). July Gains of 3.5% or More Subsequent 2nd Half Low Year Dow % Gain Date Dow % Lower 1951 257.86 6.3 % Nov 24 255.95 – 0.7 % 1954 347.92 4.3 Aug 31 335.80 – 3.5 1956 517.81 5.1 Nov 28 466.10 – 10.0 1958 502.99 5.2 Aug 18 502.67 – 0.1 1959 674.88 4.9 Sep 22 616.45 – 8.7 1962 597.93 6.5 Oct 23 558.06 – 6.7 1967 904.24 5.1 Nov 08 849.57 – 6.0 1970 734.12 7.4 Aug 13 707.35 – 3.6 1973 926.40 3.9 Dec 05 788.31 – 14.9 1978 862.27 5.3 Nov 14 785.26 – 8.9 1980 935.32 7.8 Dec 11 908.45 – 2.9 1987 2572.07 6.3 Oct 19 1738.74 – 32.4 1989 2660.66 9.0 Oct 13 2569.26 – 3.4 1991 3024.82 4.1 Dec 10 2863.82 – 5.3 1994 3764.50 3.8 Nov 23 3674.63 – 2.4 1997 8222.61 7.2 Oct 27 7161.15 – 12.9 2005 10640.91 3.6 Oct 21 10215.22 – 4.0 2009 8930.23 7.4 As of 7/23 Close Total – 126.4 % Average – 7.4 %

[Russ]

Your top line is not quite right, dollar will not break out until slightly over 80. Spx etc. is taking a hit for sure now.