$ index

For the Fibonacci followers out there, the DXY (US$ index) at the
current level of 78.38 (down sharply again) has retraced 61.8% of its
rally off the record low of April ’08. The implications the $ weakness
has for inflation and interest rates and thus for the cost of financing
massive deficits at the government level, of refinancing
corporate/consumer America and influencing the cost of living for the
average person is why policy makers must keep watch in the message it
sends to them.


Although the information contained herein has been obtained from sources
Miller Tabak + Co., LLC believes to be reliable, its accuracy and
completeness cannot be guaranteed. This report is for informational
purposes only and under no circumstances is it to be construed as an
offer to sell, or a solicitation to buy, any security. At various times
we may have positions in and effect transactions in securities referred
to herein. Any recommendation contained in this report may not be
appropriate for all investors. Trading options is not suitable for all
investors and involves risk of loss. Although the information contained
in the subject report (not including disclosures contained herein) has
been obtained from sources we believe to be reliable, the accuracy and
completeness of such information and the opinions expressed herein
cannot be guaranteed. An options disclosure document may be obtained
from Mr. Jay Stenberg, Miller Tabak + Co., LLC., 331 Madison Avenue, New
York, NY 10017. Additional information is available upon request.


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