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October 3, 2010

Connections

The dollar is in free-fall. In the nine sessions since the break from the crawl underneath the 200DMA, the dollar index has plunged 3.5 points. Since the peak of the current daily cycle, the slaughter has amounted to an unbelievable 5 points. It is rare for a daily cycle suffer a drop of 4 or more index points off its own peak, but we've now seen ...

 

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