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Non-Tech : The Woodshed

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To: nspolar who wrote (1962)3/6/2004 2:42:35 AM
From: crustyoldprospector  Read Replies (3) of 60918
 
Keeping an eye on the ball:

stockcharts.com[w,a]wallyyay[pf][vc60]&pref=G

stockcharts.com[w,a]wallyyay[pf][vc60]&pref=G

For the Japanese who haven't caught on to the current trend yet, a good bust through 4.5 should light some bulbs.

The wedge forming on the Euro could go almost another 18 months before there is a break-out (presumably, a break upward), but I suspect that a clear breakout of the Yen above horizontal resistance will drive the Euro up out of its wedge sooner than that.

The day that we see GRAC (Gold Rising in All Currencies) is close at hand, IMO.

Regards,

crusty
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