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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Wednesday, July 1, 2009

The Dollar Affect


Okay, I realize this looks like a mess. However, upon closer examination I hope you'll find this as intruiguing as I did. Chart time frame is from March 9, 2009. From the top working our way down:

S&P - Black line
UDN - Inverse ETF for the US dollar or dollar down - Blue
MCD - McDonalds - Tan
XOM - Exxon - Purple
MO - Altria - Orange
UUP - ETF for the US dollar or dollar up - Green

Same set but from the 2007 high:


From the 2007 high with just the S&P, UUP, UDN:
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