Dow to hit 10570, now at 10870.
Euro to hit 1.6370, or may be even 1.6400.
IF you want timely update, email me dollarproaragon@hotmail.com
If you agree that Euro would goto at least 1.6300, click on the Google Ads.
Today national TV played Jim Rogers and Noriel Roubin, and as you know, it is Double Terror, like as if tomorrow is Apocalypse.
You can't blame them, major Traders are now positioned for the Short Equities and Dollar Trade, Long Commodity, Long Gold. There is no where else for them to make monies, no more CDS, no more Mortgage business. Hence the National Media is paid to hype the fear.
As you know the Treasury Secretary himself was the world best Trader (from Goldman Sachs), he knows all Shorts have to be bought back eventually. Hence he is not worried, but buying time.
Beware of commentaries calling Top in Dollar, Bottom in Equities. Every rebounce would be sold into.
Hence stayed out, if not play on the right side.
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