Short Term Trading Member Forum

[BlissBull]

aire - indicators (e-wave, etc.) agree with you! IMHO Other e-wavers disagree, because they have the wrong count, and other Hurst cycle guys disagree, because they are "out of phase" due to a total mussunderstanding of the "funny-mentals"... Case in point: When I mentioned the fact that the imminent removal of the dollar/yuan peg was bullish for stocks and the dollar, they virtually "freaked out"!!!

IMHO today's advance (futures higher) will trigger a "MELT-UP" like the one in 1967 (remember Whitaker?), as one by one they change their minds! So today is extremely critical, one way or the other... If stocks were to close broadly lower today, I would change my mind... LOL

Here is a recent update on the dollar/yuan issue... (as I'm sure you remember, the British government denied that the devaluation rumors were true, and devalued the pound the very next day!)...

http://money.cnn.com/2005/05/13/news/international/china_yuan.dj/

IMHO this is why the dollar is moving higher...


RALLY TIME!!!