And as often happens right when you
think you have a handle on what's going on the market throws you a curve
ball. In order for assets to continue rising the dollar has to resume
it's downward trajectory. It didn't do that today. That's a warning sign
that we may be on the cusp of an intermediate degree rally in the
dollar, which would probably trigger an intermediate degree correction
in stocks and precious metals.
More in the weekend report.