We thought the U.S. dollar was dead and buried.  (MarketBeat, FT.com, Bespoke Investment Group)

Who is gaining from volatility?  Traders, not investors.  (Market Movers)

Stock market performance above and below the 200 day moving average.  (World Beta also Bespoke Investment Group)

Two easy trades (Long Energy/Short Financials, Long China) have come to a (un)profitable end.  (MarketBeat, ibid)

A cross-border skirmish has not been good for the Russian stock market.  (24/7 Wall St., Bespoke Investment Group)

The fundamentals of market bottoms.  (Aleph Blog)

“Risk aversion is a great way of explaining business cycles.”  (Market Movers)

A surprisingly amicable split in the world of mega hedge funds.  (WSJ.com)

What would Ben Graham think of these new ETNs based on his investment philosophy?  (IndexUniverse.com)

The typical path of the stock market during a Presidential cycle.  (CXO Advisory Group)

The auction rate securities fiasco is getting resolved, but it won’t be cheap for Wall Street.  (WSJ.com, DealBook, Curious Capitalist)

Good riddance to those foreign firms that de-listed from U.S. exchanges due to SarBox.  (NYTimes.com)

Don’t trust unaudited trading track records.  (MarketSci Blog)

On the ill-timed implementation of FASB 157.  (Dash of Insight)

Just how big is the housing wealth effect?  (Economist.com)

In a down economy, applications to MBA programs is up.  (Economist.com)

Just how good are economists at predicting Olympic medal counts?  (Slate.com)

Have we missed an interesting post in the investment blogosphere? If so, feel free to drop Abnormal Returns a line.