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Bennie’s magic correlations

VXO hit new low since June 07 today on April 20 2011

US dollar is testing crisis lows of 09

One indicator would imply all is well, while the other implies we are in deep crisis. Sweet. (And FWIW, Bank index BKX is red YTD and totally spooking me as I am Zimbabwe long like Bobby Mugabe here) BKX is a major non-confirmation.

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