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


To: big guy who wrote (37522)6/28/2002 9:26:19 AM
From: Terry Whitman  Read Replies (2) | Respond to of 52237
 
Yes the dollar looks simply awful- I'm seeing all kinds of disparaging comments on the dollar. Why, many are talking total collapse e.g. Argentina. Seems like a perfect time to sell dollars if you follow conventional wisdom and/or look only at the recent past.

The charts will tell you what HAS happened. A future projection must be made. Here's mine: US$ is near support at 106, and a longer term uptrend support at 103. I am bullish on the dollar unless it breaks the LT uptrend at 103- then I would have to reconsider.

TW