Thursday, August 07, 2008

US Dollar Index Looking Up?

The US Dollar index closed just above its 200-day moving average today for the first time since October 2006, and also just above its high from mid-June. The breakout of its trading range that had been in place since March is a win for Dollar bulls.

Usdollar

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.