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Appointment With The President


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for those who are short USD/CHF:

 

we are now at 1.3870, at 1.3850 is the 62% retracement of the whole 1995-2001 upmove (1.11-1.83), given the monster style Dover Sole condition it is likely that 1.3850 holds, or not :lol: but once we broke thru that level there is no stop signal till the 1995 lows, because uptrnedline was broken around 1.50.

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I like 863SPX. That should put it at retest territory, in short order.

 

Memo

To: SPX

 

Dear Mr. Market.....we can understand:

Yes indeed; although entirely innocent, you have been sentenced to a meaningless life of hard labor. You are currently imprisoned in an Alcatraz of the trading range, from which no index has ever escaped....so it seems. Well maybe one or two, but in your case I'm not very optimistic!!?. Show me DOWN!!" :grin:

 

 

engine.asp?skin=marketscreen&split=1&pri=&time=&cname=&lcprice=&symbol=spx&indicator=1,13,,;32,5,3,3;34,,,;8,12,26,9&dur=2y&freq=3&intr=&type=4&width=480&height=360

 

A lover: shows the major carnage is still ahead.

monthly banking index

 

chart.asp?symb=bkx&compidx=aaaaa%3A0&ma=1&maval=13&uf=0&lf=4&lf2=32&lf3=2&type=4&size=1&state=15&sid=8910&style=320&time=13&freq=3&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=5292&mocktick=1

 

Watching the National Geographic Explorer about bears; fantastic stuff!! Brilliant images.

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for those who are short USD/CHF:

 

we are now at 1.3870, at 1.3850 is the 62% retracement of the whole 1995-2001 upmove (1.11-1.83), given the monster style Dover Sole condition it is likely that 1.3850 holds, or not  :lol: but once we broke thru that level there is no stop signal till the 1995 lows, because uptrnedline was broken around 1.50.

Fx,

 

Swisser is tracking gold very nicely.

 

chart.asp?symb=csf&compidx=aaaaa%3A0&ma=1&maval=13&uf=0&lf=4&lf2=32&lf3=2&type=4&size=1&state=15&sid=969&style=320&time=12&freq=3&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=2063&mocktick=1

 

Applied for a Swiss F and Euro account at www.everbank.com

They ask .75% above spot exchange rates, but VERY low interest rates....like 0% on a 3 year CD (for CHF) :D

 

God bless them. Still better than holding scheispaper.

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