Monday, January 31, 2011

1/31 8:50am

Still holding the dollar.  The dollar rally on Friday was Egypt fears.  If there is no systemic basis then the dollar will fall to new lows and back to waiting for a real rally to emerge.  Dollar low at 77.705 should hold and 77.695 is the stop.
DJI taking out 11,788 will mean the dollar should be in a bull market.

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