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David Spurr

Markets Being Driven By US Dollar

By David Spurr on June 10, 2009 | More Posts By David Spurr | Author's Website

Look at the correlation on the various positions, R/E (SRS), Materials (SMN), Financials (FAZ), Energy (ERY) - It doesn’t matter - they’re all correlated the same - Take your pick.

Everything is being dictated by dollar movements. See correlations on UUP (long dollar).

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