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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: t4texas who wrote (6120)1/7/2002 3:15:36 AM
From: nspolar  Read Replies (1) | Respond to of 36161
 
The dollar.

I have been watching with keen interest lately. Is this it? Will it really keep going down this time? We'll see what happens when NY opens tomorrow, as so far this evening it isn't doing too well.

stockcharts.com[l,a]daclyiay[dc][pb50!b200][vc60][iUb12!Lh12,3]

Interestingly enough decisionpoint recently came out with some monthly index charts, with their PMO analyses applied. These are for IT to LT viewpoints. Their index charts in my opinion are very simple/effective to apply.

At a quick glance one of the very few stock indexes in an uptrend is the XAU. Most others are decidedly down.

One currency index that appears to be in the process of reversing, to the downward side, is the USD index. A currency that appears to be bottoming is the Aussie buck. The Canadien dollar isn't far behind. The Euro and the BPound appear to have bottomed.



To: t4texas who wrote (6120)1/7/2002 4:47:49 PM
From: isopatch  Respond to of 36161
 
t4. Thanks for the heads up on NR.

Now that you mention it, do remember you posting about it here. Looks interesting. Will add it to my watch list.

Isopatch