January Effect 2003 Message Board

STOCKTALK

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Strategies & Market Trends : January Effect 2003

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To: Londo who wrote (446)	5/6/2003 12:39:59 PM
From: RockyBalboa	Read Replies (1) of 666

Yes... many traders here look for a technical pullback in the "Zero", one uttered to me early last week (before the big rise) that we are ripe for a 1.06 or so, retest. Alas.... they are squealing like pigs and have not covered yet. I suppose those need to be flushed out first in a wave of mega upticks in the Eur. it is indeed alarming to see CHF, cable trading quite in "lockstep" with the EUR vs. Dollar...of course its all "systematic".

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