New Trading Systems - Think Tank

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Interesting read about 2008


Given what happened with QE2 and the big bull run, I am careful to get to bearish, unless some indicators change. It's all about the dollar and bonds. Sure isn't about American growth. The shrinking dollar is bullish for Dow stocks that have interests oversea. Their cost to do business just lowered again for oversea workers cost.... we don't need no stinkin jobs here... as long as the Obama Administration supports a weak dollar, America will not recover. Commodities prices i.e. gas prices should rise big time... But since the present admin. has it in for oil, they think this is a good thing... Guess it is election time and this is how Obama gets support from big buisness, since they had pulled the plug on campaign giving....


Hope for Bears