Thursday, January 3, 2008

4 Jan GOD save the QUEEN






Cate Blanchett in the movie "Elizabeth the Golden Age"



Do you know what GBP stands for ? it says GREAT Britian Pound. When the Pound was GREAT, one GBP is worth one pound of GOLD.

Now GBP is heading into demise, thanx to its countryman.

When it was Elizabeth I rule, Britian rule supreme, and the German, French, Yankess, Sultans, Chinese came and kneel before the QUEEN.

With a weakening currency, the natural choice would be for UK to join Eurozone to fight the inflation with a strong Euro. And UK would surrender its century old treasury to the ECB.
Hence, GOD save the QUEEN.
yours sincerely,
(soon to be knighted, Sir DOLLARPRO)

visit the site http://www.elizabeththegoldenage.net/site.html for more information on the movie "Elizabeth the Golden Age".

some commercials first:Meanwhile, feel FREE to explore the links here. You would be surprised at the FREE education, FREE trading platform. That is how we learn, eventully leading to FREE profits. Click on the links if you like what you are reading here.

Update 6am ET
----------------
some new chart for you guys. The famous Madame Butterfly. It is going to be a stops hunting session.
Update 8:20 am ET
--------------------
Euro rallying higher at 1.4730, leak of a worse number ? or a ploy to suck into the longs ?

Update 8:31 am ET
--------------------
18K job 5%
ok, 50bp cut for 30 Jan FOMC. USD is toast.

Recession is oready here. (the media and government is masking it)

Some economist are already out there writing that governments should let inflation run to save the economy. i.e. FED would cut to 3% and lower.


Update 10:40 am ET
---------------------
Euro stall at 1.4830 and retrace. should have flushed out some late long, and now slowly building towards 1.4850/60.

Monday should be another thin day. Then perhaps wait for 10 Jan ECB and BoE.

If you want to know where to take profit or where to position for the next trade, email me dollarproaragon@hotmail.com for subscription with message header "subscribe".

I have been banned from the other forum, b'cos I made the right call (means broker no stops to hunt today). Hence I am spend all my time on my blog.

No comments: