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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Slumdog who wrote (10022)8/8/2008 1:21:11 PM
From: Slumdog  Respond to of 71406
 
....the dow could go to the 200 day at around 12400 or so, the "Olympic Rally" which would also take it to test the upper trendline.

By that time oil will test it's 200 day @ 110 or so.

This could transpire over the next few weeks.

At that point I will go long oil and short the S&P, even though I have just shot my legs off with the dollar index and some gold and silver.

Serves me right to be reading to many posts and articles and not enough charts.

The written stuff is often very subjective, while the squiggley lines are stating the facts in real time.............