Well, the only currency fundamentally weaker than USD is GBP. JPY in the long run is as of weak as USD, in the mid-term it's set to rise against USD. EUR is fundamentally stronger. JM2C.
revolver 发表于 2010-1-20 11:29
My view -- "don't chase the weakness ...
yaobooyao 发表于 2010-1-20 11:41
I also think so. I guess this is a short term bottom here.
The best chance for Wall Street to dump the market and leave small bulls behind was last Friday. It's an OE and Wall Street could easily make a killing by pulling SPX down 30+ if they have decided to head south anyway. However, they didn't do that.
So I think in the near term they are going to defend the range between 1130-1150.
I also think so. I guess this is a short term bottom here.
The best chance for Wall Street to dump the market and leave small bulls behind was last Friday. It's an OE and Wall Street could easi ...
revolver 发表于 2010-1-20 12:52 PM