Sunday, September 9, 2007

Trading Begins in Five Hours

Given the recent news based rout of the Greenback I am expecting some heated trading and movement when the markets reopen.

Everybody has had time to fully digest the news. Everybody has had time to analyze their charts to the Nth degree.

I'm going to step out on a limb and predict some short term rebound in US currency. However, at the same time, the recent volatility might put some fear into the market. So, between fear and greed, which will win?

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