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.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (69029)3/19/2004 5:46:12 AM
From: stan_hughes  Read Replies (1) | Respond to of 94695
 
I show USD up?

US Dollar Index(NYBOT) Jun 88.15 88.38 87.95 88.38 +0.23 3/19/2004 1:38PST

**edit update**

US Dollar Index(NYBOT) Jun 88.15 88.38 87.95 88.24 +0.09 3/19/2004 2:31PST



To: William H Huebl who wrote (69029)3/19/2004 8:25:52 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yep. It's above your support, though, and pretty close to
it. I saw the downtrend line for the correction in gold
at 408. It looks like gold is trying to bust out of it.
Often, a move in gold precedes the move in USD.

That said, traditional inter-market relationships are
totally screwed up in this environment. The reason is,
I guess, that there are way too many hedge funds (5000 or
so?), almost as many as there are mutual funds! These
hedge funds play the inter-market relationships. They got to
lose, so they screw them up, at least short term.
Just my hunch on it.