hey dcengr-You seem to be the dollar bull here-so my question is:
This wild bull dollar rally you are waiting for-does it come before it prints a new low on the daily-or after?
hey dcengr-You seem to be the dollar bull here-
Started by
thespookyone
, Jul 25 2011 10:36 PM
6 replies to this topic
#2
dcengr
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Posted 25 July 2011 - 10:49 PM
hey dcengr-You seem to be the dollar bull here-so my question is:
This wild bull dollar rally you are waiting for-does it come before it prints a new low on the daily-or after?
Comes before the new low. Maybe it comes tomorrow, maybe later.
RSI 5 on UUP certainly is very low.
Qui custodiet ipsos custodes?
#3
cycletimer
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Posted 26 July 2011 - 06:07 AM
I am also a dollar bull. I am stepping up my accumulation of RYSBX (rydex 2x dollar strengthening fund).
#4
dcengr
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Posted 26 July 2011 - 08:28 AM
one of the mods is deleting all my posts. sorry if it appears i'm not responding.
Qui custodiet ipsos custodes?
#5
chem
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Posted 26 July 2011 - 11:13 AM
Ideal 3 month half cycle low zone for a bottom looks about 8/4 and above the lows of May. The $ has taken out the June low so can bottom anywhere in here but ideally 8/4 give or take a week. Interesting that debt ceiling date shows up again... 
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#6
thespookyone
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Posted 26 July 2011 - 11:24 AM
Thanks for the reply, DC. I asked, because as you know-the space to the low is getting SMALL here. Any mistake by politicians here would probably lead to a dollar crush.
#7
dcengr
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Posted 26 July 2011 - 12:50 PM
Thanks for the reply, DC. I asked, because as you know-the space to the low is getting SMALL here. Any mistake by politicians here would probably lead to a dollar crush.
Using long dated options for the dollar trade. No worries.
Qui custodiet ipsos custodes?
