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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Bull RidaH who wrote (30904)8/18/1999 9:12:00 PM
From: pater tenebrarum   of 44573
 
David, re: cycle, i believe it inverted, since the market rose into the projected short term cycle low on the 18th. so we should decline into the projected high (now low) around the 24th, which incidentally will put the FOMC behind us.
i want to ask you something: have you done a wave count of the dollar index? i believe the dollar to be extremely important for the stock and bond market's continued health and i'd be interested how you interpret the gyrations of the dollar index which has suffered a rather precipitous decline recently.

best regards,

hb
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