Tuesday, December 02, 2008 8:16:01 AM
Monthly comparison charts of the USD/DIA only a little longer in order to simplify the appearance and capture all the relevant data/moves/trends...
The market topped 6 mths almost to the day before the USD bottomed. I wonder if that'll be the case on the other end of this? They always say the market anticipates the turn about 6 mths ahead of the data.
I'll tell ya', the way both of these charts are showing a lot of volatility and "congestion/noise", I'm beginning to believe we really are finally searching for the bottom.
Maybe Santelli has it backwards too! ??? If the USD is the key, and the markets anticipate by 6mths, then the markets will turn before the dollar does as they did at the other end. Hmmmmmm???
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The market topped 6 mths almost to the day before the USD bottomed. I wonder if that'll be the case on the other end of this? They always say the market anticipates the turn about 6 mths ahead of the data.
I'll tell ya', the way both of these charts are showing a lot of volatility and "congestion/noise", I'm beginning to believe we really are finally searching for the bottom.
Maybe Santelli has it backwards too! ??? If the USD is the key, and the markets anticipate by 6mths, then the markets will turn before the dollar does as they did at the other end. Hmmmmmm???
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