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

To: jimsioi who wrote (19839)	1/8/2005 9:43:36 PM
From: Nihontochicken	Respond to of 108702

I have to agree with your ST PM prognosis, Jims, unfortunately (I am heavily invested and hunkered down in my trading account, trying my best to be nonchalant about the blood loss). The $USDollar chart looks like a runaway bull: smcurl.com RSI below 70, MACD at zero, both still pointed up, price following the upper, diverging Bol band. I don't want to stand in front of this one with a red cape. Maybe it can turn on a dime, but that's not a good bet for me. Will wait to see the turn in the flesh to burn any dry powder on PMs, it's too late to take back what's already been fired. Sigh. NC P.S. - Here's the $XEU mirror image: smcurl.com Now, honestly, if you hadn't seen the names or tickers, only the charts, and were promised the ST profits from a freebie $100k to invest in one or the other, based only on these charts, which one would it be? Me, too. Unfortunately, that's not the bet I've actually made. Double sigh.