SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James F. Hopkins who wrote (1576)1/3/2000 9:54:00 PM
From: bobby beara  Read Replies (1) of 2103
 
James, i believe we have a trap going with too many bag holders leaning in the same direction holding $.

Looks to me the deutschemarke is putting in a major bottom from the 10/98 top and the $USD index has made a failed rally attempt, and we have a significance divergence here with a lower high on the $usd and a higher high on the spx.

we have the most oversold trin in a decade and all the money in the nifties.

thoughts?

b
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext