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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (12348)5/8/2003 3:46:32 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Gold is the flipside of the collapse of the dollar, as we have talked about previously.

The Bush lite people keep chanting the
"we want to maintain a strong dollar" mantra, but the reality is they need a weak dollar to jump start the industrial sector, where the jobs are.
As always, forget what the say, watch what the do....
Dollar at a new 4 year low vs the Euro....



To: James Strauss who wrote (12348)5/9/2003 10:08:40 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Beware The Seesaw...
****************************
These intraday swings have stepped up market speed... What used to take days now happens in hours... The Arms Index is now overbought...
finance.yahoo.com^STI.N&d=t

We'll probably see the early morning gains evaporate... Longer term the direction is up with lots of seesaws along the way... The A/D line suggests a bottom is in place... But short term, Stochastics points to lower prices...
bigcharts.marketwatch.com.

Jim