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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?


To: spvies who wrote (94)1/21/2008 8:36:48 AM
From: zamboz  Respond to of 491
 
Thanks for the chart. I am not an E-Wave technician. However, looking at the chart, the recent pattern is similar to the top in 2006. Huge spike in volume to downside in both cases is noteworthy. We could be in for another long period of consolidation.
Eva is on the right track following currency. Dollar has been trying to stage a rally. Let's see what happens with the big cut in interest rates and the stimulus package.