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Profiting from Fear in Forex: Dollar Hits 16-Month High vs. Euro
Posted on October 10, 2008
Panic and risk avoidance continues to dominate the investing landscape on Friday, resulting in the zigzag rollercoaster ride in the markets. The Dow has been losing blood again, despite repeated calls of a market bottom by market analysts and bloggers. The S&P 500 index is posting its biggest ever weekly decline this week. In this climate of high uncertainty, no one really knows anything better than another. People are saying the market should be in a bottom anytime soon, or even now.. Even in a bear market, prices don t really dive down in a straight line, but make a series of lower highs ...
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