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To: Jaysun
I am presently shorting the Euro.

Technically the right play at the moment. Let's see if this switch is a correction or just a hiatus. I would think that you at least do know what the fundamentals show. Short term trading does require strict adherence to TA and cannot be ignored. Do you have a long term oppinion ?

29 posted on 01/18/2004 2:44:24 PM PST by imawit
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To: imawit
Do you have a long term opinion?

How long term? I usually do not hold a position for longer than a week. Most of the time it's just a few days. I have set up my fundamentals for swing trades and day trades, so the longest I'd be comfortable to predict is for the next 2-3 weeks. I'd predict a continued gain in the dollar and would look for the EUR/USD to flatten out around 1.19 - 1.20 sometime within the next few weeks. Just my opinion.
35 posted on 01/18/2004 3:10:58 PM PST by Jaysun (The liberal mind is so open - so open that ideas simply pass through it.)
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