All in the dollar. iS THE trend in the dolar now up, to 83, or down within the channel.
if the trend is up, then the market will PLUNGE.
if the trend is down, then the market will go up, possibly to new highs.
what i see is the dollar about t ohave another leg up. that is not good for stocks nor gold.
Market looking for big
Started by
Tor
, Aug 24 2007 05:10 AM
2 replies to this topic
#1
Tor
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Posted 24 August 2007 - 05:10 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
relax
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Posted 24 August 2007 - 05:36 AM
ST the dollar will not lead the market
in the bigger picture there has definitely been an inverse relationship, but i would not focus on fundamentals right now
just look at the correction in june - that was due to yield going up to 5.3
this time yield fell below 4.75 and we still correction
dollar, rates, oil has no impact on this market if the mood and techncals say something else
#3
risktaker
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Posted 24 August 2007 - 08:46 AM
I see the dollar going up and the market chopping sideways then up. If only they listen to what I see 
