Sunday, May 16, 2010
GOOD EVENING GUYS. NOTHING HAPPENED THIS W/E IN EUROLAND,SO THE CRISIS DOESN'T GET CLOSER TO A SOLUTION.THERE IS TALK GERMANY WANTING TO LEAVE THE EURO AND ALSO THERE IS TALK US RATING AGENCIES WANTING TO CUT FRENCH DEBT.EITHER WAY DOESNT LOOK GOOD FOR EURO.WE MAINTAIN OUR STOP.ALSO KEEP A CLOSE EYE ON THE EUR/CHF POSITION AS SNB CAN ALWAYS INTERVENE,SO PLACE A STOP ACCORDING TO YOUR OWN RISK PARAMETERS.UNFORTUNATELY I HAVE TO MAKE A VERY SHORT TRIP TO MALLORCA TOMORROW EARLY MORNING, A 30 MINUTES FLIGHT.I HOPE TO BE BACK TO BASE UPON THE NY OPENING.GOOD LUCK AND WATCH YOUR COURSE!
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