It didn't take long.
In How George Soros Helps Us Truly Understand Things, Part 1 , I mentioned:
. . . notice this morning that both the dollar and the S&P futures rallied strongly on the NFP number. So much for the perfect correlation between the two. Economists will now say a strong dollar indicates the economy is getting stronger.
Then yesterday, this post appeared on Zero Hedge, The Fed's Balance Sheet Expansion Is... Bullish For The Dollar!?
While I don't feel the writer has got it quite right, it was certainly interesting to see it appear so quickly.
And while I'm quoting from previous posts, my trading plan remains the same today as Friday:
I'm still waiting for 1292.66 on the S&P (and possibly higher to 1308). I am long from lower levels. I will not alter my strategy today unless 1265.26 fails.
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