By InTheMoneyStocks on May 28th, 2010 2:01pm Eastern Time
The U.S. Dollar Index surged higher once Spain was downgraded by Fitch. As we all know by now when the dollar rises the market deflates. That is occurring again today. Normally, ahead of a holiday the markets will just pause or trade higher. That is not the case as investors are now in sell mode. Should the dollar pullback look for the markets to rise or inflate. Until then it is sell, sell, sell!
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