Posted by tomoboyle on 14th of Feb 2010 at 12:02 pm
Barron's cover features in bold "Expect the Euro to Head
Sharply Lower"
I look at this as a contrary indicator....I expect the dollar to
correct and the Euro to rebound. I would bet that COT numbers would
confirm. If anyone has them please post what the Commercials
are doing.
In some think the EU will go as low as 1.20 to the $ ,The
PIGS :Portugal,Ireland,Greece,Spaine, have to much debt.
Spain has 20% unemployment and a severe Real Estate
crash
Dollar rally just about over.
SPX Commercials
Posted by tomoboyle on 14th of Feb 2010 at 12:02 pm
Barron's cover features in bold "Expect the Euro to Head Sharply Lower"
I look at this as a contrary indicator....I expect the dollar to correct and the Euro to rebound. I would bet that COT numbers would confirm. If anyone has them please post what the Commercials are doing.
In some think the EU
Posted by geocan on 14th of Feb 2010 at 10:18 pm
Cotpricecharts.com and CFTC also
Posted by rbreese on 14th of Feb 2010 at 03:04 pm
See the above sites .
Thanks!
Posted by tomoboyle on 14th of Feb 2010 at 04:25 pm
Thanks!
Commercials
Posted by rbreese on 14th of Feb 2010 at 04:40 pm
In general it takes time for the Commercials to be right. SPX was short maximum amount a full 3 weeks before the market [ SPX ] started top roll over.
in general, commercials buy on
Posted by 8899 on 14th of Feb 2010 at 05:39 pm
in general, commercials buy on the way down and sell on the way up