Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (5092)	12/8/2001 8:11:18 PM
From: Davy Crockett	Read Replies (2) of 36161

Hi Iso, Very worried about the American $ ndb.siliconinvestor.com UPDATE nuthin' has changed <g> Could that be a right shoulder developing on the Monthly chart of the American dollar? stockcharts.com[w,a]micl... & check out those indicators -- overbought. ADX suggests that the prior trend up is weakening & to verify it, check out the negative divergence occurring between price & MACd. 3 year Daily chart clown buck stockcharts.com[w,a]dill... Since ADX is well below 20, check out the Slow Stochastics topping out & turning down from 80, also note that everytime the RSI hit 70 with ADX below 20; the U.S $ turned down. The 50 simple moving average is under both the 100 & 200 day MA's & it also appears that the 100 day moving average is rolling over & about to cross under the 200 simple moving average for the first time since Oct. 1999 & Oct. 1998. & we all know what happened in '98 stay tuned...

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