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slow motion crash....


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#1 Tor

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Posted 15 August 2007 - 04:02 AM

Looks like a slow motion crash, but i think the levels are getting attractive now on the buy side. So, I go LONG here, the big SPX contract. I am not going to put a stop in for the moment on account of volatility, but will have a mental one in around 1380. All quotes are CASH market quotes.
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#2 dasein

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Posted 15 August 2007 - 05:38 AM

europe may be stabilizing at midday, and the swiss market is actually up. per earlier, EURJPY is at a level that should find support, but who knows! very high risk, but if not short from higher, then long looks better. klh
best,
klh

#3 dasein

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Posted 15 August 2007 - 10:35 AM

EURJPY rallying from the us open. klh
best,
klh