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Re: None

Thursday, 12/16/2010 6:22:07 AM

Thursday, December 16, 2010 6:22:07 AM

Post# of 160314
Question: Looking for some clarity on this.

Yesterday after the news coming from Euroland I figured Euro would take a dive. And it did. I thought that $ would go to US Treasuries ie ZB. The US$ rallied but Treasuries took a hit. Now I said it was in a downward channel but that had, as far as I could figure, all the makings for a temporary rally. It did rally up to the Pivot Point then immediately retraced all the way down to the lower Pivot point below closing red for the day. And the $ didn't go to Gold or Silver IIRC so it had to go somewhere. Wouldn't going $ going to the US$ have to find it's way to Treasuries?

Not being a whiner just trying to make some sense out of this. TYIA
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