Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, June 15, 2009

UNLESS YOU THINK THE DOLLAR IS IN BULL MODE!!!!

"LOL" the traders Laughed on TV......

"THE DOLLAR IN BULL MODE..... HOW FUCKING RIDICULOUS!!!!"

They say.....

Well my sarcasum should be noted... Let us look at the Dollar...

and the Anti Jim Rogers, and Anti Peter Schiff Hyperinflation trade....Well... What is Bull mode..... Higher highs and Lower Lows....

Back in August... the dollar made a Low at 22, and with all the "Hyper inflation talk" one would think.... The dollar would be making New lows....... "LOL... HYPERINFLATION... THE DOLLAR IS DEAD RIGHT!!!!"

but it's interesting... the low was last year... and strangely we are not making new lows..... "MUST BE MANIPULATION!!!! RIGHT!!!"

Or does all this Cognative Dissonance show a Botttom that nobody sees.....

DID THE DOLLAR CLIMB A WALL OF WORRY....suffer an anxiety phase....(in red)... a return of the old fears.....
And it has had a nice Aversion Trade!!!!??????

COULD THIS BE A NICE CLEAN ENTRY

23.50 as an EXIT.... $1.00 risk... and a huge Euphoric stage to go!!!!

On the Daily... not only do we have "The Low" but it also has been Retested!!!.. so even 23.75 could be a potential stop... .75 as the level of your risk for a trade..


But no... you would hate to be laughed at by all the other traders right............

Cause trading is about "Going with the other traders right.........."... Cause the Common thought is always the profitable one....

OR IS IT????

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