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Dollar Has Bottomed, Insists Top Hedgie

It’s widely believed that the potential of QE2 will keep the dollar weak for quite some time. So why does one top Hedgie insist the dollar has bottomed?

It’s a contrarian call to be sure but when Eric Jackson of Ironfire Capital talks we listen.

And he says the bottom is in for the greenback and in fact it's due for a rally.

What's his thesis and how is he playing it? Watch the video now and find out.










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Trader disclosure: On October 5th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Guy Adami owns (AGU), (INTC), (BTU), (NUE), (C), (GS), (MSFT); Tim Seymour is long (AAPL), (YUM); Tim Seymour's firm is short (MT); Karen Finerman's firm is long (BAC), (JPM), (BDX), (YUM), (MCD), (HPQ), (GOOG), (KFT), (FLS), (JCG), (BBY), (TJX); Scott Nations is long (MSFT); Anthony Scaramucci owns (BDX); Jon Najarian is long & has sold calls in (HD); Jon Najarian is long & has sold calls in (COST); Jon Najarian is long & has sold calls in (GS); Jon Najarian is long & has sold calls in (MS); Jon Najarian is long (STEC) calls; Jon Najarian is long (MOS) calls; Jon Najarian is long (ERTS) calls; Jon Najarian is long (COCO) calls; Joe Terranova is long (EOG), (APA), (AAPL), (OIH), (VRTS), (XBI), (ARUN), (IBM), (XBI), (C), (ORCL), (PEP), (OXY), (SU), (JOYG), (RIG), (IBM), (HES), (RSH), (UPL)

Brian Kelly
Accounts managed by Kanundrum Capital own (GLD)
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