Jump to content



Photo

6 Days


  • Please log in to reply
1 reply to this topic

#1 2cents

2cents

    Member

  • Traders-Talk User
  • 3,015 posts

Posted 22 February 2007 - 06:57 AM

The next major move for the markets will be dollar triggered. After breaking down from the consolidation area at the 200 SMA, the dollar is poised to make new lows. Gold gave a pretty good show yesterday after starting soft and ending with the largest up day this year. Still sticking with my predictionfrom yesterday that we will see 725 in Feb. Oil will be next to surge.

Edited by 2cents, 22 February 2007 - 06:59 AM.

My opinion isn't worth the HTML it's written on

#2 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,005 posts

Posted 22 February 2007 - 08:22 AM

The next major move for the markets will be dollar triggered. After breaking down from the consolidation area at the 200 SMA, the dollar is poised to make new lows. Gold gave a pretty good show yesterday after starting soft and ending with the largest up day this year. Still sticking with my predictionfrom yesterday that we will see 725 in Feb.



Oil will be next to surge.

I see oil going over 70 by May when government starts to increases buying oil to double the strategic petrolium reserve.