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Post# of 140146
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gitonwithit

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gitonwithit

Re: pennies2007 post# 91343

Monday, 02/06/2012 6:33:08 PM

Monday, February 06, 2012 6:33:08 PM

Post# of 140146
One thing that troubles me is that wave 4 is usually .618 of the entire retrace. I don't see that on the chart. Also, with 82 percent chance of rate cut (I see that as 4 out of 5 traders believing they will cut rates) I still don't see a mad rush for the door like I would expect. Probably some good dip coming but may still work out to be the least evil carry trade around.

the government cannot give anything to anyone -- that they have not first taken away from someone else.

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