They will, and Asia and London will sell off. Like I said I don't even bother with New York, except for monitoring purposes.

Aussie Pairs

Yep, as I was saying earlier we have at least 1000 pips to go on AJ before we reach the august lows.

Aussie Pairs

I'm flat, took a couple of pips off GJ which isn't really my pair. Waiting for the fake bounce/rally for the end of the week. BTW what indicators do you use?

Aussie Pairs

I agree, the next few months could be extremely bearish for equities which in turn drags down the Yen crosses

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karmo, Indeed, let me ask you, do you still believe 251 is in play?

Auslanco - GBP/JPY and GBP/USD (newstrade)

KGB, The bounce came earlier, man the DJIA will sink next week

Aussie Pairs

Yep, classic dead cat bounce imvho. I see a test of the 100 before close and then next week towards 88 or whatever. Aud fundies are excellent so this pairs recovery will be quicker, the GJ though on the other hand was a fraud at those high levels ...

Aussie Pairs

KGB, You see a test of the lows before close today or do you think it happens next week? I just don't see any bounce here.

Aussie Pairs

Yep, and like I posted earlier we still have around 14/1600 pips to go to reach the august lows.

Aussie Pairs

Yep

Auslanco - GBP/JPY and GBP/USD (newstrade)

Headed to 9106 again

Aussie Pairs

well you know the Gov't will always use the peoples money to bail out Wall Street

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yeah the trend is your friend isn't it?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Theyre being charitable

Auslanco - GBP/JPY and GBP/USD (newstrade)

FWIW We still have about 1600 pips to go to reach the august lows

Aussie Pairs

btw my gft platform is working like a charm has been throughout the night. I'm not at home does anyone have a link to a LIVE Dow chart?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Today the Dow dies.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Just like in 98 and in the 80s the gov't will bail out the Wall Street guys, rinse, lather, repeat

Auslanco - GBP/JPY and GBP/USD (newstrade)

I usually watch CNBC, but check bloomberg as well or FT.com

Aussie Pairs

MPP, We could come in below 9100, or bounce back all the way to the 9250 area

Aussie Pairs