Friday, February 17, 2012 11:29:50 PM
When the EURAUD weekly chart looks like this what we saw today on AU is probably just a bit of what is to come. They start covering that cross in earnest by buying Euros and as a consequence selling Aussie then probably much downside left in AU I would think and at some point some dramatic bounce. Call me a buzzard but hell I might even take a poke or two at EURAUD long.
the government cannot give anything to anyone -- that they have not first taken away from someone else.
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