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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: kirby49 who wrote (3819)	12/2/2001 8:53:10 PM
From: Davy Crockett	Read Replies (2) \| Respond to of 5144

ndb.siliconinvestor.com beat ya to it... check out da date <g> u said The dollar forming a new high wasn't part of the plan and over a long term looks like a big head and shoulders is what's hoped for (at least by goldbugs <ggg> & Next stop for USD, I'm betting 105 but it could be 125 Bob, I think the American dollar is finished & it is going to go a lot lower than $105.00 I think it will overshoot on the downside & hit possibly $93.00 or lower... FWIW To:isopatch who wrote (4172) From: svenlar Monday, Nov 19, 2001 1:38 AM View Replies (2) \| Respond to of 4783 Good set of eyes Iso. Nice catch:) Could that be a right shoulder developing on the Monthly chart of the American dollar? stockcharts.com[w,a]micl... & check out those indicators -- overbought. ADX suggests that the prior trend up is weakening & to verify it, check out the negative divergence occurring between price & MACd. 3 year Daily chart clown buck stockcharts.com[w,a]dill... Since ADX is well below 20, check out the Slow Stochastics topping out & turning down from 80, also note that everytime the RSI hit 70 with ADX below 20; the U.S $ turned down. The 50 simple moving average is under both the 100 & 200 day MA's & it also appears that the 100 day moving average is rolling over & about to cross under the 200 simple moving average for the first time since Oct. 1999 & Oct. 1998. & we all know what happened in '98 Regards, Peter ps. I think that $93.00 to $96.00 (maximum) is very possible Good for Gold & not much else IMHO