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I’m being told the bid at 1.20 the figure is…..

By   || June 4, 2010 at 15:32 GMT
|| 12 comments || Add comment

LARGE. But is it large enough to hold back the overwhelming euro negativity? That’s a whole different ball of wax.

Personally I’m still interested to see whether that guy i mentioned earlier is correct. Eventual test and breech of 1.2000 followed by short squeeze. He’s nearly there on the first part.

If he’s not, then next batch of stops are said to lie through 1.1980.

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12 Responses to “I’m being told the bid at 1.20 the figure is…..”

  1. SteveM on June 4th, 2010 15:36 GMT

    Kaboom – it no longer exists

  2. fms on June 4th, 2010 15:36 GMT

    s&p 1.078

  3. SteveM on June 4th, 2010 15:38 GMT

    Now everything is going to rally since they managed to screw China out of their DNT… let’s go take out all the shorts

  4. Bear on June 4th, 2010 15:42 GMT

    definitely someone holding that s+p up 1077 1077 1/2

  5. southernjam on June 4th, 2010 15:42 GMT

    haha..im sure bear would disagree with you steve m

  6. southernjam on June 4th, 2010 15:43 GMT

    thanks raj…yeah I feel pretty comfortable about the aus short…

  7. SteveM on June 4th, 2010 15:45 GMT

    hey your guess is as good as mine I was just thinking like the interbankers. Seems like the squeeze is having a real tough time though – everyone is still selling. We’re back down to 1.2000; this should be really interesting to watch.

  8. fms on June 4th, 2010 15:46 GMT

    Okay, time to fetch some CAD from the bond subscription. Party time!

  9. hart on June 4th, 2010 15:50 GMT

    We need zeke’s caddy shack avatar of bill murry. He knows the trading gods. Freeeze Gopher!

  10. PIP COLLECTOR on June 4th, 2010 15:56 GMT

    LIKE A CAT TRYING TO CATCH A RAT, EVERYBODY WILL BE STARING AT THE MONITOR NOW

  11. Lee Barker on June 4th, 2010 15:57 GMT

    1 Dollar = 1 Euro soon!

  12. Elliott on June 4th, 2010 16:06 GMT

    not large enough aparently

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