Daily Minute with Mike Paulenoff for October 24

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By Mike Paulenoff | Published 10/24/2005 | Currency , Futures | Unrated

Daily Minute with Mike Paulenoff for October 24

The stock indices continue to grind higher towards a test of last week's highs at 1201 in the e-SPZ, and towards 10,433 in the DJIA. This is supposedly in relief of the announcement of Greenspan's successor.

But I have always been mindful of how the dollar reacted to such news items about key policy-making figures. Let's take a look at the Dollar Index now that Mr. Greenspan's successor is known.

MJP 10/24/05

Mike Paulenoff is a 25-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his E-mini S&P and QQQQ technical analysis and trading alerts. For more of Mike Paulenoff, sign up for a FREE 30-Day Trial to his E-Mini/Index Futures diary, or try his QQQ Trading Diary.

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