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Something that strikes me as unusual in this market is the fact that the dollar has weakened so much compared to other currencies yet the stock is doing well, broke all time high against EURO. I remember reading that one of the chief causes of the 87 crash was the collapse of the dollar (and few policy-related news). I'm wondering we have the scenario or not. I like to get some opinions on this. |
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i don't believe a weak dollar necessarily causes a bear market, it's not historically proven. If I ever find out what does, I'll let you know.
