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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (6654)5/18/2008 1:34:24 PM
From: skinowski  Read Replies (1) | Respond to of 41437
 
I am a big believer in the "Big Mack" indicator. Some friends just came back from Paris - dinner for 4 in a medium priced restaurant was $600. I don't think I'd be LTBH-ing the Euro at this time. Very likely, prices will try getting back in line with reality.



To: Galirayo who wrote (6654)5/18/2008 10:09:56 PM
From: robert b furman  Read Replies (1) | Respond to of 41437
 
Change the chart to weekly, It is just recovering from the first attack at resistance.

stockcharts.com

Whenever an attack on resistance first occurs a second slower attck usually occurs.

Important will be the resilience of the decline - if sideways - I'd not be short,but for a trade.

Watch for Aroon up reversal.

Bob


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