USD up, Dow up

Mercor · Dec 4, 2009

The scenario playing out is for interest rates to rise....but the Fed won't ,so look for new bubbles

piggie2000 · Dec 4, 2009

mkts rigged and has been since march. proved again the weak $ was bs to move stocks even higher. eveythings a lie

AyeYo · Dec 4, 2009

Quote from piggie2000:

mkts rigged and has been since march. proved again the weak $ was bs to move stocks even higher. eveythings a lie

And you didn't see this coming? How long have a tiny minority of us been saying that this long gold/long US markets/short dollar crap is WAY overcrowded?

If I wasn't so lazy I'd quote myself and a couple others from a few threads a couple weeks ago saying that the market never lets that many people win. Had this "dollar to zero" thing been for real, it would have been the most widely known massively successful trade in the history of the world - that just doesn't happen.

piggie2000 · Dec 4, 2009

ayeyo thats not what i was saying. i said it was a damm scam to keep stocks up and today $ threw the roof and stocks still up. the weak $ buy stocks was a scam. stocks would have still gone up

SethArb · Dec 4, 2009

next week ... yen strong dow weak

bkveen3 · Dec 4, 2009

Quote from Alexandre:

none breaks for a while as
- the USD weakness has been massively driven by "pure" speculation
and
- rise in the equity indices is on the back of real money chasing the market

USD is going to strenghten from now on
and
Equities will not correct significantly before 2010

then expect massive correction in equities to occur sometime in 2010 and dollar remain strong

You're an idiot

AyeYo · Dec 4, 2009

Quote from piggie2000:

ayeyo thats not what i was saying. i said it was a damm scam to keep stocks up and today $ threw the roof and stocks still up. the weak $ buy stocks was a scam. stocks would have still gone up

Yea, that second paragraph wasn't directed at you.

FanOfFridays · Dec 4, 2009

Quote from AyeYo:
How long have a tiny minority of us been saying that this long gold/long US markets/short dollar crap is WAY overcrowded?

Umm... actually, all I've been hearing for the past few months is how the long gold/long US markets trade is way overcrowded. And guess what? That's why it's been powering up. Because everyone thinks they're too high. Right?

adadadog · Dec 4, 2009

Here is my take:
Everyone knows that the rally since March
was because of over supply of cheap dollar despite struggling economy; today may be a turning point because of the employment number -- dollar strengthens also dollar went overseas for carry trade or stayed sideline entered U.S. market because further sign of recovery.

GOP_trader · Dec 4, 2009

Real traders are ahead of the economy. People that buy after the unemployment gets better will be late to the game.