Today’s Call: USD Index to fall. Currently $73.35
Rationale – US Treasury Secretary Timothy Geithner gave a speech reiterating that the “Strong Dollar Policy” was still being pursued. Again, statements such as these should be traded against.
Result of Call for April 21, 2011: Oil PPB to rise. Was $111.78, Currently $113.36. Good Call
Calls to Date: Good Calls: 8, Bad Calls: 8, Batting .500