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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (6615)1/31/2004 6:18:36 PM
From: Jim Willie CB  Read Replies (3) of 110194
 
this USDollar rally is 90% done, hitting against its 50MA
at level 87.17 now
highs Friday of 87.86
one bounce two weeks ago at 88.0

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

the DXY is the anti-euro index, measuring the meaningless hot potato tossed across the Atlantic, of fiat currencies taking turns getting overpriced and wrecking havoc in domestic economies
while trade gaps grow with Asia

I pay more attention to the JYEN, which is very rugged
it is not falling backward at all

/ jim
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