Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (499624)	11/28/2003 7:45:20 AM
From: SeachRE	Read Replies (4) \| Respond to of 769667

Great news for US exporters...your patent lack of knowledge goes to show how incompetent the DNC is, IMHO. >>Euro hits record<<

To: Kenneth E. Phillipps who wrote (499624)	11/28/2003 5:33:52 PM
From: Hope Praytochange	Read Replies (1) \| Respond to of 769667

CURRENCY MARKET RECAP 11/28/2003 The Dollar managed a slight week ending short covering move probably because of the accumulation of strong US numbers and because of rumors that the US might be prepared to eliminate some prior protectionist moves against China. It is also possible that the Dollar shorts/Euro longs were simply concerned about over extended technical conditions. Another reason the Dollar might have pulled up away from the early lows is the fear that week end holiday sales might be strong enough to alter sentiment in the currencies markets early next week. EURO (DEC): Momentum studies are trending higher, but have entered overbought levels. The near-term upside objective is at 1.2030. The market is in a bearish position with the close below the 2nd swing support number. Swing support for the Euro comes in at 1.1942, with overhead resistance at 1.2030. The market's short-term trend is positive on a close above the 9-day moving average. The market's key reversal down is a bearish signal. The rally brought the market to a new contract high. The gap down on the day session chart is bearish with more selling pressure possible today.