Solas!
The on going thoughts & musings (sometimes random, sometimes not) of Lumen Capital Management,LLC.
Sunday, November 15, 2009
For your weekend viewing. Notice how everyone of these ETF charts {S&P Spyder, Dow Jones Industrial Average, Gold ETF and Nasdaq 100} looks the same! I could print up a dozen more that look almost exactly like this but you get the idea. A rising tide lifts all boats and in this case all asset classes. The one exception is the US Dollar. I didn't include a chart of it but if you'd flip upside down any of these charts shown above you'd get an idea of what the dollar looks like.
*Long in client accounts and in personal accounts all of the ETFS mentioned above.
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