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


To: ggersh who wrote (28982)6/10/2010 10:51:24 AM
From: RockyBalboa  Respond to of 71456
 
low 87 from mid 88 in 2 days, this is a whole lot!



To: ggersh who wrote (28982)6/10/2010 11:00:23 AM
From: RockyBalboa1 Recommendation  Read Replies (1) | Respond to of 71456
 
not quite. I paid another look at the sqid. And the chart target is below 100 for GS, 85 to be exact. There will be one bounce or another but I think if GS stock does not recover, selling takes over and there´s alot of room underneath. It is not even green today,...

the loss in reputation, loss of customers and revenue base and continued criminal investigations are clearly not fully priced in. BP only a distraction but nonetheless a great trade.



To: ggersh who wrote (28982)6/10/2010 12:18:36 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
GS fell further, below 133 for a moment. Odd today, huh?



To: ggersh who wrote (28982)6/17/2010 6:26:20 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
Amazing.. this has legs. Zero up to 1.24, Swissie even up more so the EUR retests 1.37 even after its 5c run. I am very tempted to take off some DX.

Is this pointing to Ben printing overtime, again?

I think an intermediate reaction is right round the corner. The CHF is especially overdrawn and vulnerable. I sell CHF and watch it with a tight stop, in case it wants to see better than 1.11 USD (1.10s).

I´d rather ask a trader whether the CHF is moved by transocean