I'm calling a TOP

This week. Mark it and Print it. Dollar has hit massive resistance, is HIGHLY overbought, and the Euro has hit bottom for a long while despite how the eurozone has been hammered. The RSI is way over the top, so the dollar has only one way to go from here. This week. Gold has been rising in many other currencies and will now start its unstoppable ascent from here vs. the dollar. Tough call, but somebody had to do it.

Edited by nimblebear, 28 October 2008 - 12:14 PM.

This week. Mark it and Print it.

Dollar has hit massive resistance, is HIGHLY overbought, and the Euro has hit bottom for a long while despite how the eurozone has been hammered.

The RSI is way over the top, so the dollar has only one way to go from here.

This week.

Gold has been rising in many other currencies and will now start its unstoppable ascent from here vs. the dollar.

Tough call, but somebody had to do it.

I call it today.

BTW, a top in the dollar will take stocks higher. Market has been tanking with the dollar rising.

BTW, a top in the dollar will take stocks higher. Market has been tanking with the dollar rising.

Yep. Thats what Im meaning.

Its easier to call a top around here these days than a bottom !