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currencia · 30-11-2007, 16:02

Yikes. The Iris thread on longing and shorting the euro with technical analysis/charting goes pure fundamental!

The eurusd drops more than 300 points and all the longers are simply staying quiet on these boards. What happened? Where are they? Maybe that's not very fair, because all postings across the Moneytec forum have dried up to the dribble of but a few posters here and there while membership has grown to how many thousand members? The largest number of posts are from people trying to sell stolen electronics. What a shame.

There is a nice retrace at hand on the eurusd and more money to be made shorting it. But at the end of the journey euro is going to keep rising until workers in America put in as many hours of work for the same little pay as those in China. Meanwhile,a very small group of people in America are getting very very wealthy, with networth gauged in multiple billions instead of multiple millions. That is being done by putting the value of the USD in the toilet. Soon, multiple generations of Americans will be living in the same house because an individual family can no longer afford one of their own.

Never mind $100 dollar a barrel oil. You soon will be saying that oil has now dropped back down to around $100 a barrel, so things are better.

30-11-2007, 16:02	#6280 (permalink)
currencia level 3 Join Date: Aug 2002 Posts: 1,013 Rep Power: 0	Re: Sell Eur/Usd Yikes. The Iris thread on longing and shorting the euro with technical analysis/charting goes pure fundamental! The eurusd drops more than 300 points and all the longers are simply staying quiet on these boards. What happened? Where are they? Maybe that's not very fair, because all postings across the Moneytec forum have dried up to the dribble of but a few posters here and there while membership has grown to how many thousand members? The largest number of posts are from people trying to sell stolen electronics. What a shame. There is a nice retrace at hand on the eurusd and more money to be made shorting it. But at the end of the journey euro is going to keep rising until workers in America put in as many hours of work for the same little pay as those in China. Meanwhile,a very small group of people in America are getting very very wealthy, with networth gauged in multiple billions instead of multiple millions. That is being done by putting the value of the USD in the toilet. Soon, multiple generations of Americans will be living in the same house because an individual family can no longer afford one of their own. Never mind $100 dollar a barrel oil. You soon will be saying that oil has now dropped back down to around $100 a barrel, so things are better.