Monday, August 17, 2009

Dollar is the key...

Robert Prechter, the Elliotician, says it goes higher as new wave of deflation hits.

Jane Foley at Forex says Euro weakness will lead to dollar strength.

Only time will tell. Continue to look at UUP 23.73. (Chart here.)

DRR is the double short Euro etf, and that may be another way to play it.

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