it could be a double top. but some very strange behavior today.

indexs are unchanged even with obama talking big debt cuts and tax increases. is he smoking dope.

amaizngly dollar index starts moving up and there is no major stock selloff. i think under any other time you would have a big selloff under these conditions.

i am sure the government knows the numbers beforehand. so i am willing to go out on a limb here.

i am betting tomorrows jobless claims surprise to the
downside. big time. it may be a reversal is at hand for
the us dollar index. short term, long term. who knows?
who cares? angina will get me in the next five years
anyway. short term is all i want.

somebodies expecting increased demand. if you look at the five minute cn11 chart, it will not break support. even with the pacific chernobyl reports.(japan)

and obamas starting his reelection campaign. (no new taxes remember)

if it is a double top and obama is talking new taxes. it is political suicide. pure and simple. you may not like the guy but i dont think he is suicidal.

chip