Thursday, January 28, 2016

After 8 years of a rally the NY Times just now talks the dollar bull case. It's over.

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HEADLINE INDICATOR...HEADLINE INDICATOR...HEADLINE INDICATOR..BLEEP, BEEP

After 8 years of the dollar going up the NY Times talks bullish on the dollar. It's over folks.

I said in the latter part of last year the dollar was going to peak

I said that when the Fed raises rates the dollar will start heading down.

I said based on the fiscal picture developing now (NOT any "harder to get" b.s.) the dollar is going down.

This is proof. Sell the dollar. Oh, wait...you don't trade Forex??

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1 comment:

Ben Johannson said...

I took several short positions on the dollar once I saw this headline and have no doubt it will pay off. The door always closes once journalists try to get on board.