Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (50901)	6/12/2004 8:32:25 AM
From: macavity	of 74559

I am close to switching my Long EURO allegiances. I fortuneatly went long earlier and shorted gold as a hedge at 390 and 395, but have averaged up on my long EURO on this decline. Not good! For the dollar (vs. euro, gold, swiss etc) we are now at short-term overbought in an intermediate beartrend. If we do not reverse soon then the dollar rally could be on for real (longterm) target $USD=99/100. euro: stockcharts.com[w,a]daclyyay[dd][pc21!c55][vc60][iLe8,21,13!Lp55,13,13]&pref=G gold stockcharts.com[w,a]daclyyay[dd][pc21!c55][vc60][iLe8,21,13!Lp55,13,13]&pref=G dollar stockcharts.com[w,a]daclyyay[dd][pc21!c55][vc60][iLe8,21,13!Lp55,13,13]&pref=G the short dollar is a crowded position -macavity

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