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


To: Eva who wrote (171)5/5/2008 6:01:28 AM
From: zamboz  Respond to of 491
 
Eva,
Thanks for the excellent charts and insights. Yes, lots of drama with the dollar here. The HUI looks like it could be a head and shoulders formation. Volume often tells the story on H&S. Looking at the GLD chart, the volume is predominantly on the downside of the H&S. This is not good.
Got GG and SLW. Also UXG on the speculative side--though the shorts totally own it now.
This seasonal chart may give some comfort. We are at seasonal lows and should expect to be wringing our hands right now.
321gold.com



To: Eva who wrote (171)5/6/2008 6:41:36 AM
From: zamboz  Respond to of 491
 
Your chart shows about 3 of the USD blips above it's 50 DMA. Longer term there are many more.
Message 24549325
The chart in Vi's original post for The Coming Dollar Crisis board goes back even farther and shows the same pattern.
I am watching to see if this blip to the upside is any different than the others.