SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (19261)5/19/2003 4:51:37 PM
From: Jim Willie CB  Read Replies (4) | Respond to of 89467
 
we just saw the end of this nearterm stock rally
that is my opinion, rarely humble, usually loud

we reached the 200day Moving Avgs on each index
the Naz went above slightly, I believe

the VIX and VXN have probably put in their bottoms

the whole financial world is watching the dollar
but Americans are only beginning to pay attention
today they got a wakeup call

DeptTrez Snow stated the ESF has stopped supporting the dollar
this is big news
they are gambling heavily on no imported inflation from Asia

meanwhile, Europe will fall deeper into recession
this has big gold implications
the flight goes from USDollar to Euro to Gold

gold is finally responding, now at #366
silver is at #482
I wonder if Prechter is aware that as US$ drops, gold rises?

/ jim