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Re: ReturntoSender post# 6755

Sunday, 11/01/2009 9:11:59 PM

Sunday, November 01, 2009 9:11:59 PM

Post# of 12809
Leavitt Brothers Calls Top (at least in the short term):

http://leavittbrothers.com/blog/?p=2171

My comments below:

Over time the market often develops direct or indirect relationships to a certain indicator, commodity or in this case currency which is the dollar. Market analysts and gurus can always find a way to explain why the market acts as it does.

Does it really matter?

Not to me. There is now as there has been for quite some time an inverse relationship between the dollar and the market. Dollar goes up the market goes down and visa versa. This will not continue on forever but it is still what it is for now.

Although the Leavitt Brothers discussion includes a chart of the dollar I think the discussion of under performance of small caps prior to the market top and the increase in volume on the current sell off is much more dependable in the long term of determining a market top.

RtS

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