Looks like we just completed another E/U tread (~8:12EST to 9:10EST) on the "Fader's Stairway to Hell". If today echoes yesterday, watch out for the next step down - it might be a dewsey!

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We have to give those longs that will get slaughtered a bit later time to get in... they're a little slow ya know. They gotta have time to see that "bottom" forming! Someone is in the process of "painting" it right now.

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They've been upgrading their audio broadcast system. On the other hand, sometimes they just go silent for extended periods! Personally, I find the audio annoying... don't listen very often.

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LOL!

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I agree it can go to 1.32 -- very few recently trapped longs are likely to escape with their skin if it does.

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Yes... saw the Spanish and Italian buying report. Someone seems to be managing a perfect blend of good and bad news to make fog-bound Friday trading conditions.

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[quote=dean1star;5209669] "..getting ready to sell the euro" ---ALRIGHT! (remember... stop around 1.3445 - if that's okay with you)

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Well, maybe you're right. It's just such an incredible opportunity to do something really wonderful for the financial establishment. (ie: us, your local TBTF institution) Taking that stop out at 1.3445 will mean so much to us! We sincerely thank ...

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There's a lot of negative EUR news out there! — Don't miss the big short! (and thanks so much for your contribution to our cause...)

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There's room for one more big E/U short! — Hurry people. Your local TBTF bank here reminding you there's still time to get in on that BIIIIG retrace that's coming! Could you put your stop at around 1.3445? Hey, thanks again... (for ...

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Time for a little E/U short? — Hi, this is your local TBTF bank again suggesting a nice E/U short position. A stop around 1.3445-ish would really hit the spot for us! (and thanks again for the donation...)

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oops!

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I realize you're being sarcastic... but, the rest of you people do know that you can open an OANDA practice account for no money and get some idea of what prices are doing during off hours... right?

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I'm extremely on board HR 25! But, I only see it happening when the 2 million or so parasites (tax preparers, attorneys, accountants, IRS employees, etc) who survive thru the misery inflicted by the Code can be unscrewed from their positions. ...

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"...think HR 25" ?? I think HR 25 all the time. But, was that in the clip? Do you know something good about the Fair Tax prospects that I don't know? I know that question is kinda off topic, but just had to ask.

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Members of the FED (or other government employees) involved with front-running of the markets? I'M SHOCKED!!! Read: url

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Whoever says the Italian auction was great is talkin' their long E/U book

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Yeah, I think so. The yield was 7.5% !!! That's not sustainable for Italy.

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Edit: dear Inphi, when I say "we", I don't mean we at FF or this thread! I was being sarcastic in case you misunderstood! I'm sure the chatter here is just as good as the chatter at Interbank (wherever that is) I just like pretending to be a ...

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And btw, most retail traders will fade the price movement anyway, so you'll have lots of company (if you do choose to go long)

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