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Old 10-02-2010, 02:13 AM
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dalakhani dalakhani is offline
Del Mar
 
Join Date: Jun 2006
Location: Washington dc
Posts: 5,277
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Quote:
Originally Posted by randallscott35 View Post
Some math at 3pm

Dollar Index down .83% (not cherry picking b/c that's against all currencies)

S&P up .5%

You lose for the day.

Better yet, since no one has any faith in the dollar you get it in the butt---how you ask? Well that .83% decline has resulted in oil being up 2.04% on the day....Do you drive? Do you like food? How does that food get to where you buy it? How do the tractors run to get the food? Do you travel? Do you heat your home?
Bringing in the USDX kind of defeats your point though doesn't it? The dollar is stronger today than it was when the bull run started in march of 2009.

Any way you paint it, if you followed Smooth Operator over the last 18 months, you would be ahead. Is this not correct?
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