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"

Sunday, November 8, 2009

The Peso

since the UUP is messed up, the comperable level in the dollar/euro... or is it the euro/dollar?


is 1.485 Friday's close was near the level we were watching on the UUP of 22.50, and I'd guess dollar bulls will need a more significant closing level.

and it's hard to put a specific number on it...

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