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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
If Euro breaks below 3900 level... expect to see more sideways trading b4 taking a direction...
break below 3900 level would mean test of 3820/30 level then risk of probably further dip to low 37xx level... 3636 still remains the main support for now... gl all
dat swiss donating to pip parade south dudus jumbo limbo pips
Presently it is a fashion to blubber statements that lack any analytic thoughts. Another bank buddy just published a book on jewish gene... much ado. And a good move he had to quit with a pension of 20,000 euros per month...
Weber wants to succeed Trichet . Good old tradition a moron can only be succeeded by another moron.
Consequently Euribor dropped after Weber. Not everyone in the markets is a moron.
I think yes trade sanctions is an excellent tool.
The whole of China economy is a surplus of 400 to 600 million workers who must work for whatever low wages. Such cannot sustain especially not if PBOC doesn't fight inflation.
Rogers said about Russia it has 100 oligarchs too many and lacks 100000 entrepreneurs
the same holds for China China has too many princelings and too many gold diggers but no entrepreneurs