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The U.S. dollar continues to strengthen, may cause stock market crash

posted October 27, 2009 - 8:19pm
The U.S. dollar continues to strengthen, may cause stock market crash

The U.S. dollar bottomed on Thursday, October 22, 2009, and has since rallied for three straight trading sessions. Art Cashin believes the rallying dollar could bring about a 10% or greater correction in the market. A strong reversal pattern is setting up on the dollar's weekly chart that could cause a pullback or even a crash over the next couple of weeks.


Article: http://www.examiner.com/examiner/x-14436-Stock-Mar...

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