Saturday, November 08, 2008

Panic has lifted the US Dollar with collapse in the markets.


I like this chart. It is USD to Dow DIA ratio: just look at that perfectly managed picture before Mid September Lehman collapse. USD was rising with manipulation and Dow was sliding: my guess idea was to shake out Oil, Gold, Silver and Commodities Speculators, bring prices down and then stop pumping dollar and bring election rally. Something went terribly wrong for someones: after Lehman Dow collapsed with all markets and US Dollar made a shooting star killing the masterminds behind this with last economic strength - export. Good news here is the Reversal H&S formation which show new unusual for us reality: Strong market in Dow means weakening US Dollar losing its "safe haven status".

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