Ive fallen for that "expectation" so many times and got burned. I tend to agree with your statement, but play the s/r, psychs, and fibs accordingly. Best to you

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So when does it correlate with a retrace? Nothing seems to turn it.

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Of course, Fed wants a weak USD no matter what whether it be QE2 or talk. Talk is cheaper!

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Green Bay

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With Mid-East oil supply on the increase and gold thought to be on the bubble, is there agreement to a strengthening USDX?

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A short at 3610 right above psych level in an uptrend is usually doomed. What to do now? You can close for a loss or close out partially and live to trade another day. I think 3700 will offer some stiff resistance but ECB is on a mission to drive ...

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Short here .3586 to .3560 tp 3608 sl

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5, 15, whatever

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Resistance at .3580 area could be stiff.

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Many are waiting on the bond auctions between the PIIGS. Expect action in 12 hours through Friday.

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You know it!

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Will short below 3333

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Anarchists groups bombed the Greek embassy in Argentina and a huge bomb outside the court buildings in downtown Athens.

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Merry Christmas to all...I hope next year is a blessing for each of you. Be grateful for the simple joys!

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This will likely return to previous PA, no panic neccessary IMO

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Great idea, hasta la vista baby...don't let your ego hit your backside at the door. Hit the road jack-don't come back no mo. People that get so emotional over a blog have other issues. If stuff with strangers on a thread gets one all worked up, I ...

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How fitting...clearly a Christmas tree for the holidays on the 15,30,and 1. Gone to celibrate-bless each of you.

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Was that you I saw rioting?

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Actually Euro news excites me more because those are the main hours I trade. The movement is what I depend on. If it moves one way or the other...for my trading it is all good-just so it moves. I do feel bad for some of the people I know in EZ that ...

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IMO EZ passed these bailout measures to organize the process because they know it is very likely there will be defaults...namely Greece, Ireland and Portugal. It sounds like they don't know what to do about Spain as it is huge.

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