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Strategies & Market Trends : The coming US dollar crisis
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To: LTK007 who wrote (10028)8/8/2008 1:51:22 PM
From: RockyBalboa  Read Replies (1) of 71455
 
I pulled out a chart from last August and there have been some rough days as well. I found that if the EUR can fall 150 in the night and 200 on open it can fall further as well, particularly as 1.51 proved to be no hurdle.

Of course I did not go all in.. at that time I gave it a try with the contract still around 1.5090 bot there were no buys just sales. FNM a typical nonevent. Financials rallye on FNM. This was also not part of the plan.

Then... I live in Europe. I just holiday´d in southern France and the tourism and other business is bustling... no signs of weaknesses. One asks, whats the relevance of the zero at 1.40, 1.50, 1.60 to common folks? Zilch...
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