Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 22.

Stocks will probably do better than cash over the next 10 years, but mostly because cash will probably do very badly.

With the exception of the Japanese yen, the US dollar has rallied against every major currency.

Just when we thought that risk sentiment was improving a bit, flight-to-safety led to huge gains for the US dollar and Treasuries and losses for stocks and commodities on Tuesday.

Do you have a written trading plan?

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 21.

Why does that sound familiar?

With the lack of any major US economic data on the calendar this week, the big event risk for the stock market and the US dollar is the Lehman Brothers' Credit Default Swap settlement on October 21.

The US dollar continues to dominate in the currency markets, this time helped by comments by Federal Reserve Chairman Bernanke as he supported the introduction of another fiscal stimulus package this year.

As markets return to normal, micro economic events may start to exert a greater influence on currency markets.