CLICK ON CHART TO ENLARGE
What would you do at (5)? Does the situation at (2) look anything like (4)? (The outcome of this chart could well impact the construction of portfolios!!!)
I will post the answer to this quiz over the 3-day weekend. If you would like to share your thoughts/opinions or would like the answer to this quiz before it is posted, send me an email at [email protected] and I will send you the answer as soon as I can.
Please keep in mind these quiz’s have become very profitable for viewers and popular, so if it takes a while for me to get back to you, please understand.
I’m long the dollar in here.
If we do break down and take out the all time lows I think the prior bankable market relationships will break down. The body politic can handle a lot, as current times prove, but if it gets connected with Drudge screaming the “Dollar plunges to all time new lows”, I think the public might finally snap. Basically a new version of the Baker dollar comments on the weekend before the 87 crash.