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

To: ggersh who wrote (25182)	12/4/2009 11:08:34 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

Well least they dragged the pound down vs USD a bit. I still don´t want them. When European traders return and trade the pair back up, the pound sees 1.62 with ease. But it depends on .... chartbreaking days like today could mark turns and now it is the second day in 3 where the pound gains vs. EUR and those are significant moves, not 20 pip moves. And like many other trades, including gold, the pair was touted as a sure thing. The yen is another story... You want to see todays oddball? Check out REEDR, rights to buy REED convertible stock.