Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (37746)	9/2/2003 10:59:45 PM
From: Haim R. Branisteanu	Read Replies (1) of 74559

tend to agree with you the USD is a speculative currency the more speculation in financial markets the higher the USD. As I believe we are close to a sharp correction I anticipate also a sharp correction in the USD of around 5 to 7% For example just now they blow up stops on the EUR of around 50 pips and teh EUR is recovering to 1.08 from were they blasted the stops at 1.0805. Now every one that flipped position from long to short has a double loss ........ going to sleep now.......... would like to have those traders at the big banks nailed to the wall

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