Except for the fact that other governments that hold a large chunk of our bonds will step in the near future to artificially prop up the greenback. The more pressing problem in my mind is that Yen won't be able to sustain itself once the Japanese economy goes into a serious tailspin following the US recession.
that's what happens when you stick around 1 trade too long, better short was here at 25 I believe, have downside of 897 in play again if we trade hard off it.
here is the ES chart projection http://cartadiem.com/charts/08-08/E-Nov07-10.png NQ http://cartadiem.com/charts/08-08/E-Nov07-11.png Yes to both questions Ammo or mins are more knowledgeable about MP
If 918/920 holds on this pullback then I will go long ES Market has a bullish tone today - but one expects a bounce after after recrod 10% drop in 2 days. SPM buy in effect
I suggest you to call the GREED-ANONYMOUS (1-800-GOT-GREED). My source tells me that we could hit as high as 947. Any thoughts?
I just called and it was a man love chat line, how do you know that number? (just bustin your balls) Seriously, I see 908 and 897. Beers are on me if I am right.