Thursday, October 7, 2010

The Dollar to S&P 500 Relationship

What an utter joke.

Market share? Company prospects? P/E ratio? P/S ratio? Debt?  Revenue?  Heck, even technical analysis?  Useless.  Tell me where the dollar is and I'll do the opposite!

Here is the intraday chart of dollar vs S&P 500.  The STOOPID market (IQ 8 required) in visual form.

That is one day; here it is over the past month... as an American your perfect correlation as a stock speculator; you make 6% on the S&P 500, but you lose 6% as your dollar is crushed. You "win"... as long as you are oblivious.

[click to enlarge]

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