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Monday, June 1, 2009

Video Update on Oil, US $, and S&P 500

Here is link to the January blog post regarding oil prices that I referenced in this video.

I may suggest a new short-term trade tomorrow because the short-term model became overbought today.

Pete

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1 comment:

  1. Pete BirchlerJune 1, 2009 at 10:58 PM

    If anyone is particularly interested in the US $ I could go into some more detail on related sentiment data and fund flows. I will just state that the sentiment picture is showing extreme pessimism from "dumb money" gauges in the USD and corresponding excessive bullishness on the Euro.

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