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11/9/11

Chart of the day is...

...the US Dollar index, 90 minute chart:

Lots of talk on how the dollar is strengthening against the world today, which is utter claptrap. All it's doing is treading water versus a weak Euro and if you don't believe me, take a look at the dollar versus real money (currently one ounce of real money is selling for 1792 of your dollar thingies).