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Thursday, September 14, 2006

Cannes Oil man 15:26 GMT September 14, 2006
I have to say , I m a bit skeptic about this bearish usd move.
GBP$ did move and break above the bearish resistances, however €$ the superweight hasnt moved much...And until it does it's just a very thin gbp$ stop run.
It's easy to move the gbp$ , but €$ , is another matter.
Thinned a few euro$ with some meagre pips here.

van Gecko 13:15 GMT September 14, 2006
interesting inter-market flow here between euroo.. gbp.. & eur/gbp.. looks like the masters are being teased & may be mis-leaded by their guide dog..

van Gecko 11:56 GMT September 14, 2006
GBP temporary lifted via the crossess giving m/t players good levels to reload for another go at 1.86 & those mid-term "black hole" targets below 1.85.. cousin euroo is languishing below the 1.2750-70 SOB zone.. specs positions are still at near record long & increasing..
FwIwW..

gbp @ 1.8870 euro @ 1.2730


moscow mike 08:16 GMT September 14, 2006
thanks for your insight Gecko. I like 1.7777

van Gecko 08:09 GMT September 14, 2006

moscow mike 07:44.. as much as I like to see your "500 pips day slide", think you need a bit of patiences there :))
that said, with the yellow metal re-targeting 550 again near term, weeklies below 1.85 would increase the betting odds for another excellent mid term pay day for her majesty's loyal short marching soldiers.. so 1.82 ~ 1.78 may be a good m/t black hole target..
Cheerios..

moscow mike 07:44 GMT September 14, 2006
van Gecko 07:36
"Black thursday in the works..." was read by me as black hole sucker somewhere on the south :))

van Gecko 07:36 GMT September 14, 2006
moscow mike 07:19.. didn't know my 07:09 GMT was encrypted with a 500 pip day 'Slideski' to you..:)

moscow mike 07:19 GMT September 14, 2006
van Gecko 07:09
Would be great no matter of direction, because where volatility - there we! LOL
But i am not as confident as you to see some 500 pip slide today.


van Gecko 07:09 GMT September 14, 2006
looks like a black Thursday in the works for GBP/USD & cousins..

Spotforex NY 06:58 GMT September 14, 2006
1929 US equity crash was known as 'black Monday'.....not aware of any black thursdays in the equity markets.....

London 00 06:44 GMT September 14, 2006
Southport 06:21 GMT September 14, 2006
The Black Thursday of 1929!
What I know is that my very respectful broker uses this reference.

Southport 06:21 GMT September 14, 2006
London 00 06:05 GMT September 14, 2006
Southport 05:57 GMT September 14, 2006
1.By convention, the weekly bar starts on thursday 00.00 GMT

First time I hear of this. What is the logic ???
I have not seen any data suppliers/softwares adhering to this convention...........
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