Sunday, November 01, 2009

Rogers: Dollar Up, Stocks and Commodities Down

“Everybody is pessimistic on the dollar... whenever you have everybody on the same side of the boat, you know what you have to do. We may have a rally in the dollar, a decline in commodity prices or stock prices for a while.”

-- Jim Rogers, 28 October 2009 [1]

video

Not a trade that we would take, but it seems the pessimism in the U.S. Dollar is reaching a temporary turn. On the other hand, U.S. stocks are hitting a psychological barrier. We are looking to take a short position in the S&P 500.

bhc investment, 20 October 2009 [2]

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References:

  1. Dollar Rally to Last for ‘a While,’ Jim Rogers Says (Update2)
  2. Quick Comments

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