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Replies to #40426 on FOREX TRADERS
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Ataglance2

01/09/11 1:23 PM

#40427 RE: Jester_Vandalay #40426

looking at baltic dry index that I posted last week,
it was looking that the new lows was due for some kind of correction,but with these last 2 posts it shows for more and larger declines...in turn all economies have a very long ways to go before even a hint of recovery..since the baltic dry index is the leading indicator..
now im wondering if these witches overshot their curse...

witches in Romania are preparing to curse the country's rulers publicly for taxing their profession under an amended labour law.

http://www.bbc.co.uk/news/world-europe-12126670
;)
I shorted aud/usd..even though all economies are doomed for a while,the US dollar is still sort of a safe haven for investors.,In this respect QE2 is showing in my book was and is the right move,as scary as that sounds