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


To: longdong_63 who wrote (11541)5/19/2004 5:41:56 PM
From: jimsioi  Respond to of 108892
 
Longdong, re all currencies down together....

How would we know if all currencies are going down together....Only if the non currency Gold and commodities in general were rising in price...and if the strongest currency was continuing to do well...

Swiss Franc above 78.50 would be a clue...
futures.tradingcharts.com

Key downtrend line on daily gold comes in just above today's high where we also find a key moving average...
futures.tradingcharts.com

I am concerned that the fall off in the two year note the last couple days will put us back in the same scenario we were in during the weeks prior where the dollar rises on anticipation of higher interest rates, nipping this PM bloom in the bud....
futures.tradingcharts.com

We'll know more in the overnights....

Over and out....