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Politics : Stockman Scott's Political Debate Porch

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To: Cactus Jack who wrote (5044)8/22/2002 1:09:46 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
USdollar on bullish crossover with 20MA/50MA, daily stochtx

stockcharts.com[h,a]daclyyay[dc][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

US$ at 108.1 now
50MA at 107.14 with 20MA crossing now
upper cycle chart shows daily stochastix crossing over now

gonna run for a bit here
but my guess is it will run out of steam
because this is manufactured and govt-driven
we will see

GOLD is not believing the bullshit "painted tape" story
it is steady between #305-315 lately
both HUI and XAU indexes are up slightly in defiance

I suspect this S&P run will end very badly in coming weeks
a Fed rate cut here would give the rally some jet assist
/ jim
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