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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: jvbig who wrote (22471)11/27/2002 9:11:57 PM
From: Louis V. Lambrecht  Respond to of 36161
 
Dollar index or markets, all show a sort of double bottom and a rebound attempt. More or less the same pattern.
Does the Dollar strenght leads the market, or is it the other way? WTH, they are related.
I will be bullish the Dollar when the 50 MA will cross the rising 200 MA from below, the golden cross.
Wake me when we are there. <g>
In the meantime, I expect the Dollar index and the indices to test their respective 200 MA, buy the poots, then go back to business and resume the trend.