The greenback is so unloved even the supermodel Gisele Bundchen demands to get paid in any currency other than our dollars. I had a conversation with a trader friend of mine a few weeks ago, and later I ran a Fibonacci calculation, which offered the projection that matched the high end target in this Bloomberg news article. I am sure you all have heard of “Herd Mentality”, and Gisele is one of the confirmations that the bottome is near...
Tuesday, November 06, 2007
The Bottom Is In!
The greenback is so unloved even the supermodel Gisele Bundchen demands to get paid in any currency other than our dollars. I had a conversation with a trader friend of mine a few weeks ago, and later I ran a Fibonacci calculation, which offered the projection that matched the high end target in this Bloomberg news article. I am sure you all have heard of “Herd Mentality”, and Gisele is one of the confirmations that the bottome is near...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment