Tuesday, August 7, 2012

Finally, I think, we are going to get a little movement in the markets. The dollar chart has crossed the moving average line to the downside which means Gold, Oil, and the Dow should go up. Below is a chart of UDN which is an inverse ETF fund that goes up in price as the price of the dollar goes down. Double click on the chart for a larger image. I will buy 100 shares of UDN today.

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