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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Euro zone banks remain inadequately capitalized. With over 30:1 leverage, they make their US and UK counterparts look conservative.
There might be a pop for eur/usd before the next large leg down.
Will keep my eye in Ginboy.
Dat cat is keeping head down with brits remain left hand drive:-) God save the queen, to hell with Sarkosy, french ratings and yields next.
still some good pips to be made......regardless of blah just based on set stops and limit tps ..big banks making range..
quite interesting times..worldwide playing out which often resembles da big end game scenario
but my common sense says thats not so..but many have faded my views lol
Ginrich shud be pres..actual professor...intellect heavy..but has held highest office of any of them and has the experience in all the situations....he has guts, somewhat intellectually excentric at times..too much for gov boys and of course the Amer public....no others have chance against P. Obama..
and of course Newt most conservative, which will restore proper judges, agency heads, and diplomats..
he has mind archived all historical world developments, written numerous books......lead the house during tough decision times...
But Barack hard to beat with the teleprompter and 95% afromamericans voting color only...a crime.
and the liberal smear machine in full flight....
in currency trading now, at least with E/$ something between scalping and swing has to be implemented with shorter tp's...maybe called sniping
where dat catnip with his cat litter deposit? lol
take care..
Is Ron Paul your man ? looks like fit for 2 terms which would make him 85yrs young.
if not Ginrich or Romney elected leaving P. Obama at the helm, we will have luffed sails, run aground, broken keel, dashed values both personal and public, rescued by Chinese, learn da lingo now.....old school sailors understanding now the valuable 'limited' time on lifespan for us......'o death where is thy sting'?
and what is the deal with the uk/euro biz..put it in street terms professors..
sunny in ft myers...82f...suckas
I expect hence EURUSD to cross 1.34 in asia trade next week.
Stocks especially US will go in rally mode.
bit.ly/tZGLRx
Although EURUSD did hold above that trendline, the 1mth vol chart indicates the pair to let go next week
Ashraf
Thats the new figure up from the October figure of 106.5bn
Shortfalls by country (previous estimate in brackets). The biggest change is in Germany, where the shortfall has more than doubled.
Germany: 13.1bn (5.2bn)
Belgium: 6.3bn (4.1bn)
Greece: 30bn (30bn)
Spain: 26.2bn (26.1bn)
Italy: 15.4bn (14.8bn)
Portugal: 7bn (7.8bn)
France: 7.3bn (8.8bn)
Austria: 3.9bn (2.9bn)
Ashraf