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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Logain Ablar who wrote (43259)4/28/2006 10:22:45 PM
From: Johnny Canuck  Read Replies (3) of 68358
 
The US dollar indeed looks pretty sick.

Won't people go to gold in light of a de-valuing US dollar?
The Euro is stronger, but are people going to accept it
as the defacto standard?

Something strange is going on in oil. The OSX and OIH are
making news highs, but the oil producers are still off
their highs. A mixed sign is being sent. Either people
see a recession coming despite what the indices say
or something else is going on.
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