Thursday, July 31, 2008

US Dollar at resistance

US Dollar is hitting resistance here again...
So, how do we play this, if it fails at resistance. All the old plays:
Gold, Steel, Coal, Oil. I picked some Yamana Gold AUY as a gold play.

Also, picked ultra-short S&P 500 SDS. SDS bounced from support this morning. If it can hold that support, I will continue holding, otherwise I am out.

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