Wednesday, May 5, 2010

wreck week

Greek's Debt "crisis"
most of us who has been to Greece or southern Europe saw what conditions they are in. In was no surprise to me that they've got money trouble. I think once the debt is settled, all should resume to move again, but technically we are congested for the last month of so.

Dollar is steady rising.
weak dollar <--> strong equity, every where, not just the US, this relationship still holds on day to day, but not on daily charts, so be careful when carrying trades overnight.


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