US DOLLAR DAILY CHART
Note how it has recently fallen through its 50 day Moving Average
US DOLLAR WEEKLY CHART
Note the significant PPO downturn (black line, top right)
GOLD DAILY CHART
Note the rising PPO. Additionally, the 200 day Moving Average is close and will likely soon be crossed to the upside 
3 comments:
Very informative charts. I dollar is beginning to appear weakened, and gold has held up well, in spite of its fluctuations. Thanks for putting them up.
Have you seen any data on the geographic distribution of option ARMs? Earlier there were discussions that they were heavily used in high end and the CA market. I have not seen an statistics on how they are distributed geographiclally.
Jerry,
Yes the dollar got creamed today - losing 118 basis points on the US Dollar index... I feel this is the beginning of a new downward trend.
Olecapt: Hope my recent post w/housing charts is what you were after.
regards
Randy
Post a Comment