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Offer extended through Friday (9/3).
Your guess is as good as mine concerning DXY’s next feint, but there is no doubting the bullish impulsiveness of yesterday’s thrust. It cleared no fewer than three daunting “external” peaks, and that’s why we should infer that this rally, finally, is the real McCoy. (But we’ll nonetheless continue to verify each step of the way, since the dollar, after all, is still fundamentally worthless — a form of debt, not money.)
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Dollar Index: The Technical Take
(The Technical Take, 10/6/09)
The Dollar Index: The Trend Is Your Friend
(The Technical Take, 9/18/09)
A Look at the Dollar Index.
(Scott's Investments, 11/23/09)
TODAY’S NOTABLE MARKET ACTION
(THE PRAGMATIC CAPITALIST, 11/13/09)
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