Replies to post #39025 on A.I.M. Users Bulletin Board (AIMUSERS)

[lrp42]

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