Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: isopatch who wrote (5845)	4/16/2001 9:55:58 PM
From: Paul Shread	Read Replies (3) of 52237

Took another look at TYX; it broke its downtrend from last May today: cache.wsrn.com I can't believe the Fed is done with this easing cycle, BWDIK. So the alternative is the USD, as you mentioned. The current H&S top doesn't predict much of a down move, so I looked at the weekly chart. Looks kind of similar to the S&P's top last year: cache.wsrn.com Something is definitely up here, although I'm not sure what. The SPX and INDU look bearish to me (rising wedges in both), so I don't think the answer is a bullish one (the Fed is done easing because the economy is recovering). I had thought this rally had another week or two at least, but I'm not so sure any more. No small point for me right now - it's time to lock in a mortgage rate...

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