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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (1245)2/20/2001 10:52:14 AM
From: John Pitera  Read Replies (2) of 12410
 
the AUD looked like "get square or get short" back at the 200 sma and Fib retracement back at .57.

when the Euro hit that .96ish level back then, this is the type of correction that should have and did occur.

that had big time Fib resistance back then as well.

fundamentals alone are dangerous, in commodities Bob Miner is shorting wheat today, not that he's right
(he may well not be, but it illustrates to me that I want to see something clearer before moving on wheat.

what does your bean chart look like to you??

also NDX sitting at 2150, if this breaks that's bearish

John
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