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Non-Tech : The Woodshed

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To: nspolar who started this subject	2/26/2004 4:37:55 AM
From: nspolar	Read Replies (2) of 60911

Been watching the dollar. It now marked another new top at 87.6 and is heavily over bought relative the TA. Heavy divergence between the momentum and RSI, indicating something better change or dollar out of steam once again. A big bunch of overhead at 88 and just below, and they ain't got enough once again, so it seems, to shove it through the door. If they don't get it through here the Gann Rule of 4 may come into play. 4 times and no go, kaos ensues on the downside. In the interim gold futs have not moved that much. Down just a tad. Might have an interesting day tomorrow. The Rydex PM fund boys sold off heavily yesterday, bought again today. Lot of speculative trading going on all the way around Lots. Somebody going to wind up on wrong side soon. Hope it ain't us longies, traders or holders. Always amazing to see how the levers get worked. Better go catch some shuteye.

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