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The Rubber Dollar is set to BOUNCE :)

The Rubber Dollar is set to BOUNCE :)

Old May 16th 2003, 10:29 pm
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Default The Rubber Dollar is set to BOUNCE :)

Hi Guys,

Rubber Dollar

Watch this space ovet the next 5 days,

yum yum ...
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Old May 16th 2003, 10:30 pm
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Default Re: The Rubber Dollar is set to BOUNCE :)

Originally posted by scoobydooathome
Hi Guys,

Rubber Dollar

Watch this space ovet the next 5 days,

yum yum ...

Scoobs - ure reasons may I ask ?

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Old May 17th 2003, 12:59 am
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Default Re: The Rubber Dollar is set to BOUNCE :)

depends which way you meant the bounce to happen. If you meant bounce upwards you were right.

Close last night at 40.25 i.e 2.4815




Originally posted by scoobydooathome
Hi Guys,

Rubber Dollar

Watch this space ovet the next 5 days,

yum yum ...
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Old May 17th 2003, 7:58 am
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Default Re: The Rubber Dollar is set to BOUNCE :)

Originally posted by captaincook
depends which way you meant the bounce to happen. If you meant bounce upwards you were right.

Close last night at 40.25 i.e 2.4815
Hi Captain Cook,

I spoke to soon, give it a few days
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Old May 17th 2003, 10:11 am
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Default Re: The Rubber Dollar is set to BOUNCE :)

[QUOTE]Originally posted by terryg
Scoobs - ure reasons may I ask ?

Hi Terry,

FOR WHAT IT WORTH ...

The Australian dollar has slipped from the pedestal it attained near 65 US cents at the beginning of the week, closing softer as the US dollar fought back to earn some gains.

It has been reasonably well supported and the correction in the (US) dollar higher has meant the currencies benefitting from US dollar weakness have taken a bit of a HIT - Euro and OZZY included," he said.

We have seen pretty skewed positioning, people very short (US) dollar across the board, and seeing that aussie could still make a move to the low 63s,

The currency reached a 40-month high at the start of the week at $US0.6506 before drifting lower.
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Old May 17th 2003, 11:17 am
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Trend channel intact. Norrowing implies change.
Attached Thumbnails The Rubber Dollar is set to BOUNCE :)-gbp.jpg  
 
Old May 17th 2003, 3:37 pm
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Originally posted by Muad'Dib
Trend channel intact. Norrowing implies change.
A change in which direction though?
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Old May 17th 2003, 5:09 pm
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A break through that bottom trend line would be worrying.
:scared:
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