The Rogue Investor » supply http://www.therogueinvestor.com Simply. Investing Wed, 30 Nov 2011 06:27:49 +0000 en hourly 1 http://wordpress.org/?v=3.3 Stock Pick: Supply in UUP http://www.therogueinvestor.com/sp-supply-in-uup/ http://www.therogueinvestor.com/sp-supply-in-uup/#comments Mon, 21 Dec 2009 08:37:36 +0000 Alex Stewart http://www.therogueinvestor.com/?p=1771 Just after doing a post on bullish volume in UUP, supply showed its wicked face as major weakness is now apparent.

The weakness comes after UUP made a significant advance on Friday but closed even, on the low. Not only was the price action terrible, but volume was through the roof signaling that the professionals had their hand in this event.

As always, wait for some confirmation on Monday, but the fundamentals are there to think that the dollar could resume its fall.

If the dollar does being to slide, it could cause the perfect storm that could bring the market to its knees. Keep your eyes open and be nimble on your feet.

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