Exposing Ideas to the Envelope of Serendipity

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Tuesday, October 11, 2011

Watch the Buck

Recent weakness in the dollar has supported a spirited sprint higher in stocks. While the buck could have further to correct before all is said and done and stock and sector charts are firming up nicely, the market has  run up quickly and needs to consolidate recent gains. Accordingly, it would be prudent to be prepared for the possibility of a near-term ambush.

Trade well.

-- Brinkley
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