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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (19675)4/14/2009 10:27:15 PM
From: RockyBalboa  Read Replies (2) of 71426
 
Right - tomorrow ggg. The yen is probably at investment levels and see, it retook 100.

The british pound gained a lot vs EUR, and USD, is that a double top at 1.4950? Or more like a compression with the next move more like 1.55s?

Looks like I need to set some triggers. If the market turns up and the yen fades again then buy, and look whether it manages a breakout.

If then yen is stable but stocks turn south in Europe, then sell it and watch the paint dry for at least 3c or so.

Normally one would say, the Europeans drop the ball when they get nervous.
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