BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Monday, November 27, 2006

Market continued to sell-off from recent US$'s weakness

market bounced off its bottom in July, so did the US$. As we have seen, US$ had been showing strength during the 4 months bullish rally of the market.

Last Friday, the astonishing weakness of US$ brought a new fear for the investors in the stock market. We'll have to watch US$'s strength closely ahead to judge further direction of the stock market.