True...but it is more of a guage of "confidence" in Greece (kind of funny in itself). It seems to me the Euro folks are looking for any kind of news to raise the thing, which will ultimately make quality living more difficult. I won't pretend to ...

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Its been a couple months since I saw a bear run downhill like that. Bulls are still around, but bears are hungry after a month or so of hibernation.

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Then don't trade

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Funny...12-21-2012 "Our day of reckoning" in your title. I couldn't help but think that if that is true?-why even trade currency? The other week I saw a show about some family with kids that were preparing by moving to the middle of nowhere in ...

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Stress Tests? — The media and EU talks like these "stress tests" are a good, accurate, be-all-end-all barometer to tell the world the "real" condition of the banks. When it appears the EU picks and chooses which banks to gauge, and which banks ...

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Longs around here at .264X may not want to carry over the weekend. 2711 is looking more and more like a ceiling.

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This feels like a fully loaded train of bulls that has been on a long powerful ride that is slowly loosing steam entering the station to get a new conductor (Mr Bear) to go in the other direction while the bulls are still having a party.

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C'mon Jay-no pic? Now I'm surprised

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He went to play with his...... cat?

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Go play with your cat!

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Some of Jay Walkers Pics are so out there yet appropriately fitting that I am convinced they are of himself, people he lives with, and his neighbors! LOL....the only way one could be so spontaneous! Too funny!

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Volume getting smaller as bulls are getting tired. If some bears decide to go for blood, there may be a slaughter.

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That would normally be true. But fundamentals have pretty much gone out the window the last 2 weeks or so. Gold and stocks drop...so does USD. ISM has a small deviance...and EUR/USD goes up 70 pips.

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Not the Cubs though! lol Since when does a small deviance in ISM = an NFP style move? Who's behind the curtain?

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I have always believed it "comes out in the wash"...it just seems like "the wash" never really comes out totally clean. I think back to how many false reports about an EU solution came out before traders finally realized they were being sugar coated ...

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LOL! I figured after your informative assessment you'd have somewhat of a clue...you're a funny one!

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So what typically happens after they are done intervening? Is that time for a retrace/resumption of prior trend?, or a new direction?

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I'd love to know how much of this is actually CB intervention? and what the effects are 1-2 months out?

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Euro is just getting a bad beating

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OK Sky...I mean MBFOREX, sometimes bad news for USA actually means a stronger USD. Its called risk aversion.

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