Saturday, February 25, 2012

Don't Sell the US Short


Left click on chart(s) to expand





 Sure, the above chart is only four months, so let's go back one year ...



 Well .... how about that?

 The US Dollar and the markets rising together over both a four month and one year time frame. 


 Before we get too carried away with what could be an anomoly, it should be noted UUP (US Dollar ETF) is struggling here somewhat and it just registered a fourteen week low while breaking through a Volume by Price bar. Regardless, it is quite an interesting turn of events, considering most of us have been under the impression the markets must drop if the dollar rises.






 It has become far too convenient for far too many internet sites (and the mindless morons who follow these sites) to pile on the US, and when the majority of these technical and fundamentalist sites complete with their so-called instructive analysis have nothing more to offer us than what every other US-bashing site has to say ...

 Then we are practically coerced into listening to all the "Lady Gaga and Britney Spears" analysis and the profiteering from the, "one size fits all" corporate mindset garbage these sites lay on us.









 Just like the music we've been force-fed on the airwaves, these "bash-and-trash America" sites haven't got one single, original idea of their own.

 Sadly, most of these sites are run by nothing more than profiteering opportunists who really don't care if they're right or wrong, so long as the sheep who follow them generate revenue either through paid subscriptions or "hits" on the site.

 Americans have always been at their best when situations were at their worst.

 It would be a mistake to sell America short. 


Always perform your own due diligence. These are only my opinions.