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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: J.K. who wrote (3038)	11/2/2005 11:30:59 PM
From: Walkingshadow	Respond to of 4814

Yeah, I am short the dollar again, but I see conflicting signals, not sure what to make of that chart. I get nervous shorting something like this when the dollar has clearly formed a bottom and reversed the long-term downtrend: stockcharts.com[w,a]daclyyay[df][pb50!b200][vc60]&pref=G I'm basically clinging to the fact that the dollar also is hitting chart resistance. Well, actually I also like that bearish divergence in the stochastics: stockcharts.com[w,a]daclyyay[dc][pb50!a90.40][vc60][iLp5,3,3!Lp15,5,5]&pref=G The red line at $90.40 is my line in the sand. If the dollar bursts through there, I'm gonna pick up my toys, go look for my teddy bear and my bwankie, and have a good sulk. Teddy's the only one who truly understands me anyhow. I see your psychedelic NASI is trying to turn the corner once again..... Awfully pretty, but not for a short! T