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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (8590)	3/4/2004 4:16:55 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 108561

quick T/A on USDollar DXY index nothing too fancy, just a quick job on back of envelope multi-year weekly chart: stockcharts.com!d20,2!f%5D%5Bvc60%5D%5BiUb14!Uh15,5,5%5D&pref=G top recently in Nov2003 at 94 (give or take) bottom recently, in Jan2004 at 85 (give or take) established with double bottom in perfect technical fashion so we got 9+ pts of potential to deal with we have gone past a 3/8-ths retracement we have just gone past a 1/2 retracement a 5/8-ths retracement would mean over 5.5 to 6.0 pts off bottom so right around DXY=90 is the level I see prevailing as resistance it also happens to contain a zero at the end of the number weekly stochastix (graph at top) show we are nearing the overbought level near 80 we saw a turn in mid-November at 90.5 so my conclusion is DXY halts at 90 to 90.5, right in there DXY has been mozying around 89 to 90 for two days now I think the USDollar nearterm bounce is about done it could easily dither between 88 and 91 for a week this pig has been flying for two or more weeks now longer than the Wright Brothers, but not as impressive it is about done, all but the shouting just some struggles to mark a more clear exhaustion / jim

To: isopatch who wrote (8590)	3/4/2004 9:05:27 PM
From: Stormin Norman	Read Replies (1) \| Respond to of 108561

Everybody, and their brother, is trying to get into SPSC websites Investor Relation page..... busy, busy, busy