Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (22042)	11/18/2002 3:10:59 PM
From: Jim Willie CB	Read Replies (3) of 36161

USDollar in dangerous ground now, breakdown has paused stockcharts.com[h,a]daclyyay[dc][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G 20dayMA is declining rapidly 50dayMA has turned down (at low rate of descent) 20MA crossed the 50MA two weeks ago (when Fed cut rates) in a few days the current price will touch the declining 20MA a rebuff would not be surprising both daily stochastix and relstrenk are showing positives a rectangular box is evident from Aug-Sept-Oct in 105-109 range this indicates a breakdown target of 101 here which would send it below critical support critical support is 104 or so, where it bounced last week / jim

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