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4. 8 . We saw the dollar soar today, something that should have and has put pressure on the averages. No, no, didnt impact them. The market went higher. How about the fact when you have a strong dollar that usually means oil goes lower, right . No. Not today. Oil went higher. Even as everyone has been brainwashed into thinking a stronger dollar means weaker oil. We had a universal judgment every oil company is loyal to the buyout. Royal dutch was down again today. And for the record alcoa kicked off earnings season last night with a Strong Quarter that supported an excellent 7 Revenue Growth and gave a robust forecast for every single aspect of the economy. Autos, nonresidential and construction. The reaction . Got hammered. No one seems to care at all. That wont be the case soon enough. I cant blame anyone for reacting to mergers all excited and stuff or possible mergers. Th ....
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