E-mail ref.# 790 Th.eve.10.10pm Aug.30th 2007.
Markets - US Dollar 80.86 up+0.15 bar chart.
The dollar acted just as I had forecast, sent one month ago.
That last report was dated July 30th, then at 80.84.
Before that report, on July 2nd, then at 81.40, I wrote:-
"We are now on a swift down ward dive with a target at a
new low at 80.00."
Take a looky-C at the bar chart below, it hit a new low as forecast,
but fell slightly lower at 79.96, so out by just 4 cents. Very sorry.
In July 30th report, I forecast the upper target when N.G.was about
to bounce off the 80 low I wrote:-
"I have drawn the chart and it should reach my "next" target of
81.64 with a max at 82.00".
Take a scan of the bar chart and the dollar run up to a high of 82.13,
which was out again, by 13 cents. Again, so sorry. now it has fallen
back to 80.58 low level and holding steady.
For the "next" move, have just drawn the lines on the bar chart and it
is ready to rise again, and return up to 82.00. By my math chart, 82.70.
The 82 area has quite good resistance so watch it as it arrives there.
Charlton Capital Ltd. Mr.618. Good luck.
Bar chart Copy 2007 at www.stockcharts.com
Warning: This business is basically a casino these days, so take care.
|