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Strategies & Market Trends : Classic TA Workplace

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To: sitkapacific who wrote (132433)5/5/2006 12:44:18 PM
From: Henry J Costanzo   of 209892
 
USD....

<<Time to start looking for a reversal in the dollar index.>>

Agree completely, SP... Market should now start thinking of Fed rate hike getting close now...next week....and that should clear the air..gg

As I've been posting, I consider the current pull back a large Wave II off of the Dec '04 Major Low.......Action since Nov high looks to me like a clear ABC down.......with a 5-waver C down now in its final stages (or just completed)......
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