The Dollar Trade...Too Easy and Too Crowded?

PROBABLY!

That does not mean the trend won’t continue or even accelerate before it ends.

In the meantime, calling Tops and Bottoms is just not that important. A good article here from Michael Kahn on the US dollar trend is worth a read .

The way the dollar acts seems climactic in nature and that is why I am fearing a market event. Too many recent breakouts in my portfolio have reversed fast and turned negative – SINA, NDAQ, CSTR, BBBB and many all-time highs I never added. I don’t have a complicated system of stock selection or money management, but the vicious price action speaks loudly. It has my full attention.

I am building a list in case this week gets messy. You should too.