Agree Start - I went with the 'local' currency for ease of managing. The intervention is usually wasted money in my eyes. The large intervention back a few months ago was 'faded' as I guess it creates an inbalance in the market. I think the same thing will happen again.
I would imagine we are in for a big bear market bounce in stocks at some stage as the 200 DMA comes into play again, before a lower high and roll over into the new trend - down. I wonder if Parachute Ben has any ammo left in his arsenal to implement QE3?
I would imagine we are in for a big bear market bounce in stocks at some stage as the 200 DMA comes into play again, before a lower high and roll over into the new trend - down. I wonder if Parachute Ben has any ammo left in his arsenal to implement QE3?
Trade less and become more profitable!