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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: crustyoldprospector who wrote (733)	2/18/2004 10:24:19 AM
From: nspolar	Respond to of 60926

It is kind of coincidental, but one set of fibonnaci time cycles mark the 23rd as some key day as well. I'm thinking it is the end of sideways correction and chop, that we are more or less in now. If the dollar hangs down at this level and drifts sideways to slightly down, I think at some point it will drop hard. The momentum and Rsi combo on the dailies has it in a real danger zone and it appears to be staying there, imo. If they stay where they are at it is going to dump and POG explode. It is just the way these things work. It appears to me that is most likely what we are building up to. If the dollar climbs back above 85.2 it might negate this for a spell. Guess I agree with Sinclair, the window is open here a little longer, and the dollar is one nasty looking chart, not yet looking any better for a correction up. I still think some of these stocks I've noted have started impulses up. I don't think they do that just for the hell of it either, and the ones I have been noting have yet to be negated.