signal is mostly short in july 2008.
Same short signal in Aug 2008 ?
Same short signal in Aug 2008 ?
- #2
- Aug 2, 2008 8:55am Aug 2, 2008 8:55am
- Joined Apr 2007 | Status: Evil Kraut | 2,559 Posts
I don't think so. In the long run this baby will go to 1.7000. Every dip is a good buying opportunity. 
- #3
- Aug 2, 2008 9:25am Aug 2, 2008 9:25am
- Joined Mar 2007 | Status: Trader | 3,709 Posts
I don't think so. In the long run this baby will go to 1.7000. Every dip is a good buying opportunity.
Euro-zone headed for a recession.
Oil continues to come off its bubble and Monday it could come off hard after Obama's suggests he will compromise on off shore drilling.
US bouncing along the bottom of the recession pond and ready to come up for some air.
We will see some movement north but .5300 will be here by the end of August.
- #6
- Aug 2, 2008 12:42pm Aug 2, 2008 12:42pm
- Joined Nov 2007 | Status: Trying manual mode again | 2,210 Posts
How so? All brokerages are calling for 1.49 test by this years end.
Would these be the same brokerages that professed a bottom in the financial market back in April?? Or are these the same brokerages that shouted from the rooftops that they did not have a cash flow/liquidity problem?Without transparency I consider everything a brokerage house says a lie. Why do they say 1.49?? Because that is what would benefit their position the most.