David over at Dismally.com (an excellent blog worth bookmarking) had a great post a couple of weeks ago about the US Dollar. I want to share it with you. Click here to read the post.
What I love about the post is in the very first paragraph. He comments on a contact he has, "The Dealer," and says this:
I like chatting with this guy. He never tells me market theories, but he will tell me what players are doing. Size, timing, targets and such. It's incredibly interesting information in its own right, regardless of my own market take.
It's one thing to have your own, well-studied opinions about the market. But theories only go so far. The other (major) question is always: what is actually happening? What is really going on?
