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- acumen replied Aug 8, 2008
Sure it will... — and I'll win the lottery. get my chance to sleep Giesele. make the Forbes list. and by that island i want in near St. Thomas. If you're going dream... might as well be BIG.
EURUSD
- acumen replied Aug 8, 2008
Won't be arguing... — You won't find any disagreement here. Usually - below S3 signals a strong SELL signal but today isn't usually. I still believe that short covering will temporarily stall the bleeding. Like I said earlier Mr. Jurrasic... ...
EURUSD
- acumen replied Aug 8, 2008
Where we are... (intra-day TRADER) — Let's take a look at the chart. We are at S3 on the day. We will probably see a run at S3 sometime this morning but it will likely hold. No one wants to go into this weekend with cash on the table.
EURUSD
- acumen replied Aug 8, 2008
I'll say it again - STAY OUT — I said it last night prior to going to bed and I'll repeat myself this morning. Take the rest off the day off. I didn't set the alarm for the European session. These kind of events make people do crazy things... ...
EURUSD
- acumen replied Aug 7, 2008
Logic doesn't rule the markets — The FED is done cutting rates. You won't see a rate cut this year and the next move will be up. The recessionary pressures are no worse here than they are on the other side of the pond. Spain's in a recession ...
EURUSD
- acumen replied Aug 7, 2008
STAY OUT — This is NOT a good time to buy. This is a good time to watch. This kind of price action makes everyone jittery. The sidelines is the place to be. Take tomorrow off and see what Monday brings.
EURUSD
- acumen replied Aug 7, 2008
Yeah... — If you look at the chart on the top of this page it sure looks like it should hold. Maybe we will see a lift and the start of the EURO session or maybe end of the Asian. Long term I'm still a dollar bull but not without a modicum of ...
EURUSD
- acumen replied Aug 7, 2008
How do you define... — Fairly stable? Price looks anemic. I'd love to buy a bounce here but simply don't trust it.
EURUSD
- acumen replied Aug 7, 2008
The probability of a retrace is very high... — I'm out for the day also. Agreed - very good day. My best this month.
EURUSD
- acumen replied Aug 7, 2008
To be sure... however — Confidence and ego are counterproductive to monetary policy. Have you read Bernake's book? This guys razor sharp.
EURUSD
- acumen replied Aug 7, 2008
More good news from accross the pond... — BCC says UK edging closer to recession, urges BoE to lower rates LONDON (Thomson Financial) - The British Chambers of Commerce believes the UK economy is edging closer to a recession, even as the Bank ...
EURUSD
- acumen replied Aug 7, 2008
Warren... — He should be Hawkish that he hasn't been beaten to death by the Spanish and the Germans.
EURUSD