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Strategies & Market Trends : Angels of Alchemy

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To: westpacific who wrote (20445)11/16/2000 3:13:06 PM
From: Ian McGuire  Read Replies (1) of 24256
 
"What if dollar weakens- and it could"

Hey West..
This is a situation I was discussing with Stan a few weeks ago....I'm seeing a rising wedge for most of 2000 and this wedge is an extension of a larger wedge that began in mid '98 thru to early 2000(i plot with a morgan$ as I like the frame of reference if you're checking)....if we do have a breakdown of the dollar, AG may have no option but to act again as you hypothesize...the feds bias to inflation yesterday was not as naive as many on SI would have you believe....regards....ian
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