Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (30378)	4/19/2003 11:26:13 AM
From: Square_Dealings	Read Replies (1) of 36161

Hi ISO I see your dollar chart from Futures Source but on Q-charts I see totally different picture. Using the same MACD (12,26,9) it shows on both the daily and weekly that the MACD is very oversold and we have a crossover to the downside - sell signal. Im not sure why the big difference but there is a big diff. Carl Swenlin (Decision point) also has dollar giving a PMO crossover sell signal. I think the dollar just bounced a bit on Thursday after the European markets were closed. My guess is its going much lower - around 93 . I see no reason at all for the dollar to get stronger. good luck M

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