Buy US dollars on weakness. there is a techincal pullback on the USD index right now. Will build a base on the right shoulder (S1) and start another major leg up until 100.
Implications for the market ??
When the dollar breaks out again (early 2009) it will send Oil prices lower, the stock market lower.
I don't see a new bull market in stocks before the US Dollar stops rallying ! It think that the US Dollar will reach its peak around 100 when the DOW JONES will reach its bottom around 5000.
ETF long US Dollar : UUP.
ETF Short US Dollar : UDN.
