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08/04/09 S&P Emini & Futures Recommendations

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Uploaded by on Aug 4, 2009

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Education

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Standard YouTube License

  • likes, 14 dislikes

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  • Hello Oscar;

    Watched this video again...makes it very clear about the likely "future direction".

    Thank you for keeping us in sync.

    Cheers!

    rj007

  • I can say this much, the near to intermediate term target is the 7200-6800 level in Dollar Index. Once we see that area we will make another assessment and see if it might bounce. For now we are sellers of rallies in Dollar index.

    I hope this helps,

    Oscar

  • Let me ask you can our dollar stay down on the low 70's or will it have to come back up? so then there will be a down mov sometime in the next year (s)?

  • all the countries in the world want their currencies to be 'cheap' so they can export...as our us dollar(USD) stays weak, our big companies will report greater and greater earnings due to their export sales... as Oscar has mentioned in previous videos, you can watch for SPX ,NDX, and commodites to rise as the USD drops, so right now it's a good time to keep the USD on screen as your 'major tell'. 77.69 was the spike low last december in USD that we are challenging now

  • ok so if you rub this sign "Dont fall away with the upside" away its clearly a contrarion sign to start accumulating shorts for our pension plan.-at least pension planners are investors.

  • fed wants cheaper dollar!!!!

    Why in the world would they want that.

  • good video, thank you.

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