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2007-04-25
Location: BlogsMy journey with GBPUSDChat Room Archive    
Posted by: BrianTran 4/25/2007 1:31 PM
e.com Editor: through the hedging
Pat: I see..
Pat: Will the dollar gain its old charm? If yes when?
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ForexPlane.com Editor: it may but takes
ForexPlane.com Editor: time and major changes
ForexPlane.com Editor: so until then
ForexPlane.com Editor: $ will keep going up
ForexPlane.com Editor: uncertainty is certain
Pat: true
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ForexPlane.com Editor: if we play technically speaking
ForexPlane.com Editor: let's say the prices cannot take higher
ForexPlane.com Editor: at this level
ForexPlane.com Editor: and rejected again and again
ForexPlane.com Editor: then there's possibility
ForexPlane.com Editor: that big sellers don't want $ to weaken anymore
ForexPlane.com Editor: could be US gov't
ForexPlane.com Editor: who knows
ForexPlane.com Editor: but if the prices kept getting knocked down
Pat: ok
ForexPlane.com Editor: then it would change sellers in buyers
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ForexPlane.com Editor: taking the $ up again
ForexPlane.com Editor: we'll have to wait and see
ForexPlane.com Editor: law of inertia
ForexPlane.com Editor: object in motion will stay in motion
ForexPlane.com Editor: in same direction
ForexPlane.com Editor: right now everyone is sure it will continue
ForexPlane.com Editor: so it takes alot of beating up
ForexPlane.com Editor: before people change their mind and say it's
going up anymore
ForexPlane.com Editor: we're talking months before that could change
ForexPlane.com Editor: in the meantime, if we don't see this rejection, it
will continue and traders will buy
********** at 2:27 PM Pat left the room
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Copyright ©2007 ForexPlane.com Editor
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