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To: MythMan who wrote (337705)7/2/2007 11:37:31 AM
From: Broken_Clock  Respond to of 436258
 
dollar closes here it is a new cycle low. not an intraday cycle low yet but close.



To: MythMan who wrote (337705)7/2/2007 11:55:35 AM
From: Terry Maloney  Respond to of 436258
 
Must be some kind of mis-guided flight to safety.



To: MythMan who wrote (337705)7/2/2007 12:10:33 PM
From: CapitalistHogg™  Read Replies (1) | Respond to of 436258
 
Q: "why is the market up?"

A: 'cause the US dollar is going down

Q: "why is the market up?"

A: 'cause interest rates are going down

Q "why is the market up?"

A: 'cause the Yen is getting weaker

Q: "why is the market up?"

A: 'cause terrorists have blown more shit up

Q: "why is the market up?"

A: 'cause to everyone else in the world it looks cheap in their currency

Q: "why is the market up?"

A: 'cause the Fed just keeps printing and printing and printing

so if i get this straight if the US dollar goes up, interest rates go up, the Yen gets stronger, the rest of the world currencies get weaker, terrorists stop bombing shit, and the Fed stops printing we MIGHT get a correction to the 50 DMA.

AM I CLOSE?!


<bg>



To: MythMan who wrote (337705)7/2/2007 1:08:47 PM
From: Box-By-The-Riviera™  Respond to of 436258
 
all things considered, that might not be good in fact.