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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Petrol who wrote (21069)7/23/2002 12:20:04 AM
From: Susan G  Read Replies (2) | Respond to of 26752
 
The dollar is ramping tonight, has not made a move like this in ages - the dollar futures are up 1.52, when .50 is usually a big move. Either it's reversing on its own, a technical bounce, squeezing shorts on the way up or there is some major intervention going on tonight.

The YEN tanked and the EURO too, back below parity.

Nas futures were over 951 a minute ago.

IMO if they intervene to save this market and avoid the total capitulation it so badly needs the ending will be far worse.