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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (17502)	2/9/2009 8:49:19 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71456

Hard to tell.. it closed at 118p in UK, at 7.40 in the US. With currencies, indices solidly crashing in the asian session everything is an uphill battle, once more. I bet that the European opening won´t be that pretty. The way how it fell, without any kind of support, makes the thing so suspicious. Only ultra-quick traders with some balance sheet can survive that...indeed it was a move which I haven´t seen in the off hours yet. And damn, I knew it... the currencies were under pressure towards the end of the session but about 1.5 higher, and the SKF was winking at 120s..." buy me".... then we went kabloom, little did I know what happens within a hour and a half in asia... Normally you would buy this. In 5 hours and a bit the world looks different. But what is normal? Last word: I often forget that we are in a solid bear market. All we see are bear market bounces, stuff which one shouldn´t take home for more than one night...