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Sunday, November 8, 2009

THE BLOOMBERG ARTICLE

WELL AT FIRST SIGHT IT SEEMS LIKE THE USD WILL DIVE AT THE TOKYO OPEN, ALTHOUGH I DO NOT BELIEVE THAT EUROPEAN EXPORTING NATIONS WILL AGREE ON THIS AND THUS INTERVENE ONE WAY OR THE OTHER. THERE COULD BE A GOOD SPIKE UP IN EUR/USD AND CABLE AT THE TOKYO OPEN ALTHOUGH I WOULD USE THOSE TO SELL INTO. COMMENTS FROM EUROPEAN OFFICIALS CAN BE EXPECTED MONDAY MORNING SO BEWARE!!

GOOD LUCK
PETER

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