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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.38+0.1%Nov 12 4:00 PM EST
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To: GROUND ZERO™ who wrote (44066)3/24/2000 9:44:00 PM
From: Jorj X Mckie  Read Replies (2) of 99985
 
I don't know enough about how the currencies work to really understand all of the ramifications, but the P&F chart for the June Dollar is very clearly on a sell signal...interestingly, so is the yen. The DJ 20 bond average hasn't given any real indication that it is a buy yet, but it looks to have some strength.

Personally, I think that conjecture that the fed will raise another .50 basis points will provide a nice wall of worry to climb.
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