OK GUYS HAVE REVALUED THE LONG EUR/UDS POSITION AT 1.2000 LET'S KEEP A STOP IN AT 1.1950 ALTHOUGH I HAVEN'T TURNED BULLISH AT ALL I DO THINK WE ARE IN HEAVY OVERSOLD TERRITORY AND I EXPECT A REBOUND TO THE 12100 LEVEL AT LEAST FROM WHERE WE WILL START SELLING AGAIN FOR A FINAL DIP TO THE 1.1500 LEVEL. RESULT FOR THE WEEK 213 POINTS ONLY.
BUT SEEN THE SHORT AND NASTY MOVES ON TUESDAY I AM NOT UNHAPPY WITH IT. LOT OF BLOOD IN THE STREETS THIS WEEK. THANK YOU AND HAVE A NICE W/E
Friday, June 4, 2010
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