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Wednesday, June 22, 2011

Stock Trading Tip:

If you ever want to see an exact correlation between stocks and currency simply watch the Dollar/Euro.

When the Euro rises, the dollar falls and our market goes up.

When the Dollar strengthens and the Euro falls, the market falls. It's exact, to the penny.

That's because so many carry trades are programmed in black boxes, thousands of computers are set up to buy the weak buck, sell the market on a strong buck.