Saturday, September 15, 2007

U.S. Dollar - Looks Bullish Both Daily and Weekly

The dollar continues to look very appealing on the long side, both on the daily and weekly charts.

I am going to add yet another position to the U.S. Dollar Holdings right in this area here. We began to purchase dollars in the 80.65 area and this will be the second average down.

I certainly would not be doing this if I did not think the dollar is on the fringe of an explosive rally!!




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