Tuesday, August 10, 2010
Fed Delivers
The market cried for more quantitative easing and Banana Ben delivers with another arrow aimed straight at the heart of the bears. I don't believe this is a game changer, and I will be looking to short this move if we can fill the gap. I'm hoping this panics out the dollar bulls/euro bears into liquidating their positions. I would like to enter a short euro position into the panic.
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