Monday, October 31, 2011

Dollar recaptures the former Break-Down level

So the Dollar recaptured the break-down and critical Fib level. This is right in line with our mid/late November correction theme.

This all feels like a looming panic into the next couple of weeks and when the pain seems unbearable the Germans will give in (or will be ignored and nonetheless...) and allow the ECB to do what everyone wants them to do.....print, print, print....and then ....VOILA.....the year end rally magically emerges.....

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