I think it will bounce. All the pieces are in place. Weak dollar, Fed. running the show, the "herd" mentality. You can't be in bonds so there is no where else to be.
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I think it will bounce. All the pieces are in place. Weak dollar, Fed. running the show, the "herd" mentality. You can't be in bonds so there is no where else to be.
Yes, keep watching the dollar and keep in mind the "potential" havoc it would play on SLV "if" UUP actually rallied to 24.75 as I previously "outlined" as a definite "maybe." You SURE you don't wantto work on this SLV short with me, Greg? Here's teh dollah chart. :-)
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uup&x=55&y=15&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11