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  • #237,961
  • May 6, 2010 1:39pm May 6, 2010 1:39pm
Quoting goods
This thing has hit a low of mid 2005. This is some insane movement in only a couple of days.

Technically and from a Psych standpoint this thing can go up just as quick. No one knows if this is bottom.
I agree.
  • #237,962
  • May 6, 2010 1:40pm May 6, 2010 1:40pm
i don't know what you're talkin about, economy is doing a lot better, recession ended... jobs everywhere you look, things are going great, there is no fall and what you see on the screen must be a glitch because everything is going great and economy is recovering. yeah. oh... did i mention the economy is recovering?
Nihil Sine Deo.
  • #237,963
  • May 6, 2010 1:40pm May 6, 2010 1:40pm
seems tomorrow "good" news of non-farm and unemployment data already leaked !!!

maybe trying to reach or cross 1.2486
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  • #237,964
  • May 6, 2010 1:40pm May 6, 2010 1:40pm
Quoting goods
This thing has hit a low of mid 2005. This is some insane movement in only a couple of days.

Technically and from a Psych standpoint this thing can go up just as quick. No one knows if this is bottom.
Now Ben can print money easily...
  • #237,965
  • May 6, 2010 1:41pm May 6, 2010 1:41pm
I think the world has woken up to the possibility of a EZ disintegration.

Just being factored in. Every little bounce even for a few seconds gets SOLD in a second.
  • #237,966
  • May 6, 2010 1:41pm May 6, 2010 1:41pm
I go away for some Pizza and a custard tart and the damn euro loses another 100 pips. It could have at least waited until I had finished.
  • #237,967
  • May 6, 2010 1:42pm May 6, 2010 1:42pm
Can i post my "I told you so" video again?
  • #237,968
  • May 6, 2010 1:42pm May 6, 2010 1:42pm
Quoting Scrat
things are going great, there is no fall and what you see on the screen must be a glitch
Glitch, right, DOW just hit -416 point.. It's nothing of course..

Ohhh sh*t is - 570 now.. Collapsing..

WTF? - 670

-727

-865

-981

Intervention coming
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #237,969
  • May 6, 2010 1:43pm May 6, 2010 1:43pm
Quoting SkyzerFX
Keep cheering up.. US own stock market falling like a rock..

Nobody escaped, but wait, it's supposed to be so nice calm

and rising? 401k getting wiped out again..
stocks are paper with bricks and mortar behind them.. they aren't losing value. the dollar is gaining value...........u.s. stocks are gaining value against other stock markets and commodities.. making the world look for a place to put money. the place will be here.. the time will be soon... i told you u.s. stock market and usd can go up hand in hand... let the dust settle..
those who can, do. those who cant, talk about those who can
  • #237,970
  • May 6, 2010 1:43pm May 6, 2010 1:43pm
Holy crap! I just saw the drops across the board!

Ok, show of hands...

Who's buying Lambo's?
In Charts We Trust!
  • #237,971
  • May 6, 2010 1:46pm May 6, 2010 1:46pm
Market collapse? Dow drop nearly 1000
So scare. stay at sideline
  • #237,972
  • May 6, 2010 1:46pm May 6, 2010 1:46pm
yea, glitch. -570? piece'a'cake. i'm telling ya, things are great. but hey, if you must see the chart going up just turn the chart upside down and you'll feel better. 'coz economy recovered and everything is goin' great.
Quoting SkyzerFX
Glitch, right, DOW just hit -416 point.. It's nothing of course..

Ohhh sh*t is - 570 now.. Collapsing..
Nihil Sine Deo.
  • #237,973
  • May 6, 2010 1:46pm May 6, 2010 1:46pm
LOL

oh man, this is just getting better and better

I can't believe it

1.2550 O_O
  • #237,974
  • May 6, 2010 1:47pm May 6, 2010 1:47pm
You can now draw a uptrend trend-line connecting from 2000. If it breaks that trend down then I would have to say its going to get much closer to the USD price.
Know when to hold em, Know when to fold em!
  • #237,975
  • May 6, 2010 1:47pm May 6, 2010 1:47pm
Wow, Gain's frozen all new trades, can't place any new trades
In Charts We Trust!
  • #237,976
  • May 6, 2010 1:47pm May 6, 2010 1:47pm
poor eurjpy
  • #237,977
  • May 6, 2010 1:47pm May 6, 2010 1:47pm
Inserted Video
big numbers are our friends...
  • #237,978
  • May 6, 2010 1:48pm May 6, 2010 1:48pm
Quoting goods
You can now draw a uptrend trend-line connecting from 2000. If it breaks that trend down then I would have to say its going to get much closer to the USD price.
Can we say tripple bottome. I say 50/50 chance of this thing making a major swing up.
Know when to hold em, Know when to fold em!
  • #237,979
  • May 6, 2010 1:49pm May 6, 2010 1:49pm
I exited my position at 1.2600. Maybe should have held a little longer. 10 minutes a new candle will present itself and from there I'll know what to make of this powerful short move into the 1.25 area.
  • #237,980
  • May 6, 2010 1:49pm May 6, 2010 1:49pm
Quoting gatorinla
the lion didnt hurt you.. it was allowing the weak to breed and thrive in the first place. now the weak blood pumps in all the herds veins.
I believe we reached the point where the comparison with a week herd begins to limit our discussion. Sticking to natures laws and her unforgiving selection I would rather compare EZ to an organism that has been ridden with a genetic disease right from the beginning. The creation of the union had to be forged via compromise. The rules of participation had to be stretched and relaxed in order to acommodate all the initial members. With such different fiscal policies and economic fundamentals among the participants there was no other way to do it. Leaving some countries out would have limited the positive, synergetic influence on the zone.
Is there a lion out there which prowls for the weak euro? I don't know maybe. But he's rather scavenging than truly hunting, just like us.


Quoting Mr J
I don't. Fiscal policy both public and private is completely off balance, and it needs to be corrected to become healthy. The world is sick, but nobody wants to take the medicine because it tastes bad. And really, no-one is going to get something undeserved, they just get their yang in one foul swoop.

All true. But remember not everybody deserves the same bitter medicine stuffed into their mouths, because the sickness has many variations and therefore the treatment has got to differ.

Anyway think about it. A common economic zone and currency in the heart of Europe! This is an epic project, and gives Europe an edge in the global marketplace. If this is to be compromised at such an early stage, we might have to wait the next 20 years before someone dares to take up this challenge again (if ever). Again it's more about Europe and it's place in the world economy (especially when you take the quickly encroaching BRICs into account).

Best regards
"Put your shoulder to the wheel!"
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