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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
DaveO...pirates had only true democarcy..what the crew said stood majority..who they plindered..
the captain only dictator in a battle...
trouble with USA...letting everyone vote without a test..
and then letting politicians stay in office for profitz
nice one... :) you're long and i'm short....
i'm holding 4480 and 4498 shorts.... with no stops...
4480 shorts... tp 4440..
4498 shorts.... tp 4340...
let's see..
good luck!
if 4420/30 holds... could see it moving higher from there..... break would see dip to 4300/4320 b4 moving higher to test 4600/4650.....
break above 4515 would signal move higher already towards 4600/4650....
Trade:
L e/$ 1.4487 stop 4430 tp 4680..
doin what da models say....let's do it..:)
Greece & Goldman Sachs concerns revisit the Market one year later to the week. Today's euro pullback was partly attributable to German Fin Min stating Greece would have to restructure its debt. It was April 11 of last year when the IMF & EU agreed on the EUR 550 bln rescue package for Greece, causing a 2-day rebound in EURUSD before subsequently falling over 10 cents. Another Dj vu is happening with Goldman Sachs, as the US Senate alleges GS to have misled US Congress and deceived investors during the financial crisis. Goldman agreed to pay $550 mln last year to settle civil fraud charges, but it now it may face criminal charges. GS stocks down 3.7%. Recall, it was on April 16 of last year when the Justice Dept justice announced it was a investigating Goldman Sachs. 1 week later, markets began a 18% selloff. Keep an eye on these cycles, & re-occurrences.
Ashraf