The bottom is in

Discussion in 'Trading' started by failed_trad3r, Jun 16, 2010.

  1. I think the bottom is in, who else also thinks so? Market breadth is very very positive, thought yesterday slightly overbought. The same happened in march 2009 and after that failed H&S of summer.

    To illustrate my position, I bought an long term ITM FXE call at 1.20 for $500. I believe euro will go to 1,40 in a few months, as we go to dow 12k. Then I'd quadruple my money!!! :D :D :D