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To: John Madarasz who wrote (52163)9/2/2002 2:08:03 PM
From: ajtj99  Respond to of 209892
 
John, maybe a positive opening on Tuesday will draw back up to the neckline at 106.8, followed by a drop to the H&S target at 105.80.

There are some other patterns in play on the USD chart too a bit further down the road. Most of them lower. A double top implied target is around 103.4.

The 105.60 level is about a .618 re-trace off the lows at 103.54. Normally, I don't like it when anything re-traces .618 of a move up, as it often leads to a breach of the lows. I think the USD is no exception here.



To: John Madarasz who wrote (52163)9/2/2002 3:01:20 PM
From: Haim R. Branisteanu  Respond to of 209892
 
John, I think the quotes on that site were incorrect. I was noticing the run over the weekend but it was nor on all quote sites.



To: John Madarasz who wrote (52163)9/2/2002 3:01:33 PM
From: Haim R. Branisteanu  Respond to of 209892
 
John, I think the quotes on that site were incorrect. I was noticing the run over the weekend but it was nor on all quote sites.



To: John Madarasz who wrote (52163)9/3/2002 9:05:44 AM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
Dollar weak...but bounced right AT it's measurement of 105.8

quotes.ino.com

musta been a coincidence<g>...low of 105.79.

Watch this closely thru the day for clues on direction. U.S. equities track this index lately... practically move tic for tic at times