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Sunday, October 18, 2009

Week in Review: The U.S. Dollar, Disinformation and the Pop Point (PODCAST)

"Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair." - Sam Ewing

"Disinformation: Misinformation that is deliberately disseminated in order to influence or confuse rivals" - Princeton WordNet Web

Welcome to the Week in Review!

There's a few things to talk about, after our usual "market review".

We'll talk about the U.S. Dollar. Therefore, the three charts I'm looking at while I am talking about the U.S. Dollar is the Daily Chart

(Daily Chart)

the 1 hour chart ...

(1 Hour Chart)

the 10 minute chart ...

(10 Minute chart)

What I'm waiting for? Is what I call the "pop point". And the way other markets are reacting to the U.S. Dollar? Well ... I talk about that in this "Week in Review" ...

(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click this link to go to the exact podcast entry ...)

Click here to Download this Podcast.

Here is the link to the article in which bank analysts were telling the public - not to follow the U.S. Dollar surge on August 13th, 2008.

Here is what happened afterward ..

(U.S. Dollar Arrow Marks
September 1, 2008 to March 2009)

What you should watch as I mention in the podcast; if you're looking out for another "inflation pop" ... is the markets. Not analysts. Not the news media. Even if there was no shady business going on? All of us involved in the capital markets are wrong. All the time. I was waiting for a pullback that never came.

So watch Gold as something that may lead the way? But then for real inflation, watch Oil and the Foods.

* * *

Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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