Once scalper always scalper
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Bulls vs. Bears: The Bulls Set To Take Over
While there is plenty of doom and gloom out there presently - and we certainly make full use of much of it below - there are clear technical signs that a more bullish outlook should be adopted, in both FX as well as equities (from a portfolio view). Allow us to state our case. First, the bad news, and the scenario that appears priced in: Current Market/Consensus View Unless you have been living in a cave for the last several months, we all know the ugly details of sovereign debt that many European countries are now facing. Regardless, take these interesting statistics from Dennis Gartman's piece this morning: ... (full story)