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Strategies & Market Trends : Natural Resource Stocks

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To: jimsioi who wrote (1655)10/8/2003 7:46:57 PM
From: Jim Willie CB   of 108704
 
USDollar appears ready to descend to more serious lows
critical support was around 92 on the (meaningless) DXY

stockcharts.com[h,a]daclyyay[dd][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

I wish the Fed Broad Dollar Index had more following
with futures contracts associated
this DXY has been shown to be meaningless in the last 18 months
it dropped over 25% with no dent on the trade gap
which is dominated by Asian deficits

/ jim
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