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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (6865)9/20/2002 2:43:05 PM
From: Mannie  Read Replies (1) | Respond to of 89467
 
You day trade for a living, Tim?
Really? Must be a rough time to have to be trading.
I'm mostly cash...and working my butt of with my business. saving as much as possible. Speaking of which, business is great.....and Washington now has the highest unemployment in the US.

Go figure..

I'm just trying to make hay while the sun is up.
Scott



To: Sully- who wrote (6865)9/20/2002 3:19:47 PM
From: Jim Willie CB  Respond to of 89467
 
USDollar is resting at a critical edge, its 50dayMA

stockcharts.com[h,a]daclyyay[dc][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

Rich Russell reports the 50MA as 107.5
but this chart shows it to be 106.8

current intraday quote has US$ at 107.45 now

a drop below this critical important nearterm moving average would signal possible resumption of its downtrend
recall that in spring/summer, the US$ led the S&P decline

more economic distress data will probably push the dollar into that very resumption, imho

/ jim