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

To: Paul Shread who wrote (35240)	5/7/2002 10:20:50 PM
From: John Pitera	Read Replies (1) \| Respond to of 52237

Hi Paul, the USD index is threatening to break down out of the triangle pattern that is on the weekly chart. you can see the red uptrend line on the second chart on this page thecapitalmarkets.com There is a pretty big base of speculative shorts in the US Dollar from what I've been seeing so we could see a US Dollar rally to force out some of the shorts. I do believe the primary trend is down over the next 6 to 9 months. The US bonds and 10 year note have been holding up well considering the USD weakness. John