You mean that you think the fundamentals may be strong enough to beat those bearish trendlines, you're saying?
I think there's another prime rate cut coming within the next 6 months and things won't pick up permanently until we hit the 4% mark they brought it down after the dot-com bust. So, if rate-cuts are bad for dollar value, then we're not out of the woods yet.
Also, people won't receive their cash influx checks until late in the year. That, too, should hit the dollar value, right?
I think there's another prime rate cut coming within the next 6 months and things won't pick up permanently until we hit the 4% mark they brought it down after the dot-com bust. So, if rate-cuts are bad for dollar value, then we're not out of the woods yet.
Also, people won't receive their cash influx checks until late in the year. That, too, should hit the dollar value, right?
* I'm always learning about these lines, indicators, fibbies, hammers, and tops. So, if you know something I don't, by all means correct me when I'm wrong. Thanks.
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