Monday, January 28, 2008

28 Jan We need another Rogue Trader


EURUSD, taken almost 9 hours ago. If you had this earlier, you probably would have position at 1.4670 for a easy ride to 1.4750 and more.


USDJPY. Here is another money making ideas. 108 is the ceiling.

If you made monies from this charts, click on the links. Thanx,

today is characteristed by those who bought the plunge taking profits. Hang Seng Index down today, with a late hours recovery.

Also JP Morgan, Bank of NY goes on TV talking about Euro to fall to perhaps 1.4000 level. and of course GBP is hopeless (this is what all analyst agrees).

Now we hear from European Banks, Fortis, Credit Suisse, ABN is surprisingly quiet.

We need some more rogue traders to make this markets really attractive to buy.

For those who want to subscribe, email me dollarproaragon@hotmail.com with a fee.

thanx for the votes last Friday, surprise to see quite a number of readers profiting from this blog. Well done, Kudos go to your execution. I just supply the idea.

Update 6:30 am ET
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Kennedy endorses Obama. seems like Obama is on a winning streak. Sometimes those wallstreet nerds are good for the economy.

Update 10 am ET
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these guy from LPL Financial was saying that housing is bottoming, and the housing sales came out at -4.7% more than the -0.3% expected for Dec.
When asked on national TV, he says "yes, it is definitely bottoming, but the bottom is much lower than expected".

For all these analyst, there is always a way out.

Euro rallies towards 1.4800, and now dropping back a bit. GBP also stab at 1.9880, dropping back now.

I guess market want to salute Bush and would pause it rise meanwhile.

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