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Jerry Olson

03/13/03 5:00 PM

#86761 RE: Zeev Hed #86756

well Zeev...i really just look at charts<G>...other things i'll leave to you<VBG>...

the top of the 10 week for the euro is at about 99.64...100% overbought...

the dollar has been DOA...the breakout buy signal would be 100.40 it's had quite a move late yesterday thru today..could be nothing more than a DCB...but i think it's more..what i call a Low Pole Warning to the shorts...

so we have the Euro near the top..Gold falling and probably will bounce for a hard short..

and the Dollar in potential breakout...shakeout...

interesting times ahead..oh and btw April crude also gave a sell signal..

lots of cross currents...Yes Gold will bounce..but what a short and what a target...
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Babylon

03/13/03 5:14 PM

#86764 RE: Zeev Hed #86756

On another note, since the market has carved through this far, do the Turnips see any 50+ point run-ups between now and the end of the first leg worth playing, or is it still a "Jack be nimble or Jack be patient" situation?