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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (3089)	1/5/2001 8:21:09 AM
From: Chip McVickar	Respond to of 33421

Hard to say how fast, depends on how quickly other events add to the perception that this country is losing ground and entering a recessionary phase. The charts will tell us when a bottom pattern is in effect. I'd say fast down to 100.00..., where there's a median line and support/resistance, then slower from there and over the next couple of years. Looking at the monthly charts suggests we could see .80, with some shallow bumps at resistance areas. futures.tradingcharts.com I should say that GZ looked at the same charts and took a completely opposite view. So I'm throwing this out to commentary and hole poking...!<smile> Swiss Franc Monthly futures.tradingcharts.com