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Is the euro losing its strength?

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Is the euro losing its strength?

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Old Feb 24th, 2010, 03:49 PM
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And today it’s 1.35..yesterday broke under that ..and if 132-133 cracks..it’s going under 1.30 for sure. This is also how you can get a feeling of real estate down the road. I wouldn’t be surprised if we bounce here on the Euro but the trend is definitely down. March could be an important low for the Euro, especially if there is a remedy for Greece and no other defaults, but the dollar right now is in a strong uptrend. The reason I’m saying I think March is a good time to buy Euros is because I think gold will have a good bottom. Gold and Euro have been going hand in hand and we need to see how high these rallies are because they can go up to resistances only to fall down harder. So, only time can tell.
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Old Feb 24th, 2010, 04:34 PM
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You shouldn't watch Glenn Beck too much. Greece total debt is less than the US's new debt in one month. We're going down. I love it. Just let them wash your brain, it's good for you!

And don't forget to party!
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Old Feb 24th, 2010, 04:54 PM
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I do trading on a daily basis and have been quite successful at it. So, I think I am okay!
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Old Feb 24th, 2010, 05:02 PM
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Wish you the best, I do hope I'm the better trader. ;-) Yen were great as was the Aussie dollar. Today, I wouldn't touch the USD. It can crash any day!
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Old Feb 24th, 2010, 05:04 PM
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Yes, I have had some success with the Yen. It has been interesting to say the least....
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Old Feb 24th, 2010, 05:11 PM
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Just keep away from the USD. It is a suicide mission. You never know when it will burst! There are so many better options!
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Old Feb 24th, 2010, 05:24 PM
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Germany is not going to bail them out. Tension is high. The usual fighting between the German media (Fuck Greece!) and the Greek media (You are all Nazis). The "You're all Nazis" is the last chance for Greece. But this time if doesn't work anymore. Germans just show them the finger. They know the drill by now. (Say Nazi, get money) No bail out anymore. It's going to be interesting. I'll bet for a huge rebound in the €. "No bail out" is what the € needs.

Be careful.
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