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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (12496)10/28/2002 12:55:43 PM
From: orkrious  Read Replies (1) | Respond to of 30712
 
justa, what do you think of the possibility that the dollar weakness is related to the brazil elections. since there was flight to dollar "quality" over the last month because of brazil, there may be a false sense of security and reverse currency flows with the election outcome now certain.



To: Justa Werkenstiff who wrote (12496)10/28/2002 1:27:30 PM
From: JRI  Read Replies (2) | Respond to of 30712
 
Justa- If the market does not turn here (today), isn't the helo basically useless (in past week, as indicator of anything),,



To: Justa Werkenstiff who wrote (12496)10/28/2002 1:31:45 PM
From: jjkirk  Read Replies (2) | Respond to of 30712
 
Re: I see nothing, absolutely nothing bullish about the dollar here

Nor do I. However, I would not doubt that in this topsy turvy market, it will get spun that way. Drop could be the result of news that the Fed may drop rates yet again. Why don't they just fly over the country and shovel USD out the door...sorta like WPRK turkeys...<g>

Early this AM, the dollar started to fall about an hour before gold started up. So, I'm glad to know some familiar relationships still exist...my RGLD & BGO are up nicely today...but, day is turning out to be a real disappointment...now at 1336...NDX green...what kind of gas are they pumping on THIS side of the pond?!!...if it's laughin gas, I ain't laughin'....jj



To: Justa Werkenstiff who wrote (12496)10/28/2002 6:15:07 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 30712
 
Dollar chart. Bearish engulfing. Lower trendline pierced:

stockcharts.com[r,a]dhcayiay[dd][pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][j7788798,y]&listNum=1