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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (30193)7/10/2012 8:40:14 AM
From: Lahcim Leinad  Read Replies (3) | Respond to of 34857
 
As long as the euro keeps making new lows, Nokia will do as well...
IF so, the NOK downdraft could last quite a while...




To: sylvester80 who wrote (30193)7/10/2012 3:42:29 PM
From: Lahcim Leinad  Read Replies (1) | Respond to of 34857
 
The plot thickens... EUR/USD Risk Reversals Closest to Parity in Months - WSJ.com

Soon as those unfortunate, overloaded from ages ago Finns you pointed out to me (thanks) unload their NOK - possibly at the very bottom - this drowning NOK puppy could get its head above water.

I'll buy that.

Damn close to the $1.75 bottom I expected, today. Damn close. Missed it by 2¢. I think we can both agree that is simply ignorable market noise. :-)

If it holds above that? Could be good to go...

I'll wait for that.

If $1.75 fails, $1.50 is still the next stop, methinks.

I don't EVEN want to think about $1.25.

That would be HORROR, for your soize NOK position! HORROR!!!

Cause after that it'll slice through $1 like Finnish butter and you don't EVEN wanna see what will happen after that: BK, pinks, the works...

Like what happened with Kodak.