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To: nspolar who started this subject	5/12/2004 6:18:11 AM
From: crustyoldprospector	Read Replies (1) of 60908

Dollar daily starting to look wedgie, as in bear flag. Action cleanly below 89.6 will have me convinced. Whichever way the wedge breaks, there should be a BIG move. US econ numbers out today through Friday should get the ball rolling in one direction: today, trade balance; Thursday, Producer Prices and Retail Sales; Friday, CPI. Dollar down slightly this morning, but may be hot money moving into the Nikkei and consequently buying Yen. Beware the dead cat bounce in the Nikkei/Yen! I'm going to nibble on a couple gold stocks today, but still cautious and waiting for the trend to form. Should happen this week. General markets tough to read, it's a day-to-day call. Looks like up this morning. Again, waiting for the trend to clear before jumping in one direction. Regards, crusty

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