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Replies to #29661 on FOREX TRADERS
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jrbscrazy

02/04/09 3:15 PM

#29662 RE: Nettles #29661

Everything's short term in the FX market. :-) How long ago was it that usd/cad was less than a dollar and gbp/usd was greater than 2.00?
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jrbscrazy

02/04/09 3:19 PM

#29663 RE: Nettles #29661

An announcement about passing of the stimulus will run cross/jpy up well over 100 pips in seconds. It may come back down quick, but that's fine with me cause i'll take it on the way up and back down. :-) The Dow, as someone else mentioned, will hit the 9's. Just my opinion though....not a fortune teller.