Thursday, September 16, 2010

9/17 midnight

I count 5 up from this morning's low.

3 comments:

  1. But that wave 5 just keeps on giving.

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  2. How do think about the correlations that created this ramp. The Australian dollar has boomed in USD and YEN.

    Do you think this correlation will also occur on the way down? I am Australian and thinking of getting out of the AUD

    ReplyDelete
  3. AUD is commodity-correlated, so yes, AUD should give back on the way down along with grains, metals, everything China is buying.

    ReplyDelete