Saturday, January 16, 2010

US Dollar Gives Signs Of Recovery: Profit From The U.S. Dollar Going Up or Down

Will they US dollar finally recover (and the stock market go down)? There have certainly been signs lately. Maybe it is the big banks showing their discontent with the new proposed taxes. Conversely, the Fed may have to continue printing hundreds of billiions to buy US Treasuries.

In any case, up, or down, above are straddles for UUP for February and March. The moves required are calculated by our StraddlesCalc Tool. The actually moves may be smaller as there is a long time until expiration for those two months.

Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.

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