Thursday, July 30, 2009

All Green Across the Screen Today...The Rally Lives On

The screens were flashing all green today, as our noted "all or nothing" trade resulted in everything moving up today!

Except for? The dollar, of course!

This screen shot from reflect a bull market in, well, everything!

Of note, Treasuries were up today - who the heck is still buying these things? A mystery to most market observants, indeed.

Meanwhile Green Shoots have proven to be unkind to the Greenback, which closed down today, just a shade above it's low for 2009.

So what do you think - is the dollar toast, or is it poised to climb if/when this rally finally cools off? If you haven't already, please take a minute to give us your take in our dollar sentiment survey.

Results will be published on Sunday, so stay tuned!

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