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Originally Posted by RavenMM
PK I don't want to appear to be rude but that post has given me my best laugh in quite a while. I read that as: be short but if it goes up be long It's only going to go up or down????
It's not a slur on anyone predicting the market I have plenty of respect for anyone trying to do that. But that post covers all angles.
It sounds a bit like what president Herbert Hoover said... " I search relentlessley for a one armed economist who cannot qualify his forecasts with the statement on the other h ........  ".
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you miss the point here according to persian said " It is very unlikley to go sideways so It's only going to go up or down"
Btwit is interesting if there are true some kind of inside information on forex
My own opinion is the longer EUR holds above 1.2250 i think it is the setup for 1.2400.
Considering of Greenspan retirement meanwhile US concern is budget deficit so i think Bernanke replacement although he is qualified but he doesnt have experience like Greenspan does... facing of that issue i think Investor / Market / Whateva seeking more reliable places to invest their money.. Go Cables !
