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To: skinowski who wrote (125346)10/25/2005 11:15:13 AM
From: skinowski  Respond to of 209892
 
No need to wonder what investraders think about the new Fed head Ben B.'s "ITM" put -- and his (reputed) propensity to keep a finger on the button of the printing press.... USD is down sharply, gold is up, and so is energy -- in other words, it's ABD - Anything But Dollars.

Rightly or wrongly (I think the latter) but inflationary expectations seem to be up.

That putative wedge breakout for XLE is still in play.

stockcharts.com[p,a]eaclyyay[d30][pb50!b200][vc60][iub14!la12,26,9][J61284747,Y]&listNum=1