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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (64008)	1/19/2003 11:59:44 AM
From: skinowski	Read Replies (2) \| Respond to of 209892

Thanks, ATA. Agree on the read – I also see Q’s in the late part of a 3 down. The $$ index seems to be bottoming, but, basically, in order for the (hourly) ED to work out, it has not much room on the downside, it has to rally very shortly. How this correlates with the likely decline in the stock markets is not immediately clear… The Dollar and the market don’t necessarily correlate. The buck had a great rally and remained strong until early 2002, while stocks fell. If the perception will be that the rest of the world is in more trouble that he US, the Dollar may strengthen, while the markets decline. This is not inconsistent with a decline in gold. This metal would also have to fall soon – if (IF) the ED on the hourly is real. Ol'Ski - @Opinionated.com