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Re: Firebird400 post# 39025

Thursday, 01/22/2015 12:21:04 PM

Thursday, January 22, 2015 12:21:04 PM

Post# of 47289
Hi Ken,

I think the markets have been anticipating this action for a few weeks so it did not shake the markets much.

Yesterday I bought a small amount of EWO (Austria) because of its chart. I bought it for the purpose of a swing trade instead of LD-Aiming it. The stop loss I placed on it is just below recent support, so it is kind of a tight stop. This is the only trade I have taken with this possible ECB action in mind.

Was just reading some commentary over at Fidelity. A large number of 'experts' (whatever they are) do not feel that the European QE will have as much impact on the economy there as it did in the U.S. for a number of reasons which are above my pay grade and that I do not understand.

Best regards,

Ray
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