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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (24387)6/16/2000 3:28:00 PM
From: donald sew  Respond to of 42787
 
Looks like the US DOLLAR may be on the verge of setting a LOWER LOW



To: Gersh Avery who wrote (24387)6/16/2000 3:29:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
So then .. all that is left is Max ..



To: Gersh Avery who wrote (24387)6/16/2000 3:36:00 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 42787
 
Yeah, I think we could see some deer in the headlights looks next week on J6P. LOL

With the dollar breaking below 106, the RYDEX and putcall ratios almost maxed out to the bull camps etc, the record short interest in the pros with retail guys on the other side, there isn't much to keep us up here.

What scares me most is I wasn't looking for a big move till next week and possibly later. If it is happening this early, this might get really bad. Too early to say for sure and this could all just be max pain games but it doesn't look good. We entered a bounce area a few minutes ago and it barely moved up at all then resumed the down draft.

Those dang puts I was trying to get have already doubled. It always seems to take me 2 weeks to get my trigger finger fast enough. Oh well.

*OT* My wife just got back from her appointment. Monday will be the day, either naturally or not so I won't be here then. We start the count dwon at O dark thirty so the Doc can be home in time for lunch I guess. <ggg> I guess they didn't want me getting an extra present for dad's day. -ggg-

Good Luck,

Lee