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To: The Freep who wrote (112670)	1/28/2005 4:28:37 PM
From: Shack	Read Replies (1) \| Respond to of 209892

Some decent looking weekly sticks out there though. But I hear ya' Freep, we're still flopping around the lows either basing or correcting before the next dump. I think a key pattern to watch may be the putative $IXM ending diagonal which finished up today (120-195-min), if that's real then the banks should rock next week.

To: The Freep who wrote (112670)	1/28/2005 4:48:09 PM
From: Galirayo	Read Replies (2) \| Respond to of 209892

Freep .. What Candle ?? .. >> SOX has bottomed with this candle before.... << You have Charts right? Show us one. What am I missing? The header says we like charts. Go for it. "It is encouraged that posters have a webspace to post charts .... ." TIA Ray

To: The Freep who wrote (112670)	1/28/2005 6:58:15 PM
From: skinowski	Respond to of 209892

(oh, and Iraqi elections are done day, though no one's given me a cogent reason why those have a real US market impact) If the elections are a success, that may mean that the public mood is taking a bullish turn -g/ng

To: The Freep who wrote (112670)	1/29/2005 1:14:15 PM
From: Galirayo	Read Replies (1) \| Respond to of 209892

There's a few more events to keep in mind Freep. It's going to be a busy week. >>oh, and Iraqi elections are done day, though no one's given me a cogent reason why those have a real US market impact). Tuesday is the Fed. I'll give a dollar to anyone who can predict the next five trading days in detail right now <g><< China Official Says Stronger Banks Needed Before Dropping Peg Jan. 29 (Bloomberg) -- China's vice premier, Huang Ju, said the government needs to strengthen its banking system before dropping its decade-old peg to the dollar. [snip] Debate Picks Up The debate on currency reform is picking up in China as well. An official at the central bank, the People's Bank of China, yesterday reaffirmed its commitment to the fixed exchange rate after a central bank adviser said the time is right for an adjustment. The comments at Davos by Yu Yongding, a member of the central bank's monetary policy committee, are his own opinions and don't reflect official policy, said the central bank official, who spoke on condition of anonymity. Yu told reporters ``now is the time to revalue.'' The yuan would appreciate to 7.8667 against the dollar at the end of trading in Hong Kong last night, according to forward contracts that let investors bet on the future value of the currency or hedge investments denominated in it. [more] quote.bloomberg.com OPEC on Sunday too. Bush to detail plans in State of the Union speech. 8 minutes ago news.yahoo.com Ray