Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (76094)	7/23/2007 5:45:26 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

Yes. Everyone sees 80 as a critical level.

To: William H Huebl who wrote (76094)	7/23/2007 6:45:03 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

Yes, 78-80 is very important support, and we are still above that. Plenty of LT support in that area, on ppp basis dollar may be ridiculously low against the Euro. So, no worries until we actually see a breakdown -g- Note that the trade deficit is finally improving a bit. Whatever forces that held the dollar together despite record high trade deficit could move it higher, short term or intermediate term. Not saying it will happen, just that we are still above the important support level, and it is support after all -g- Hell will likely break loose if we break it, that's a possibility as well, but I would not rule out a move up in the dollar even from as low as 78. 321gold.com