Tuesday, November 28, 2006

Rock-A-Bye Baby

Well, well... it seems Euro and GBP is still staying head strong on it's position... I really love this research paper: Consumer confidence should remain quite stable in November. If USD going to be stable and some indication of staying strong, it would meant that "TIMBER EFFECT" will be sooner than expected. Until then, still have to look at how is the sentiment of the market for now. My expectation would be Euro and GBP would remain in swing position, and would be great for all those swing traders. It would still be in a "rock-a-bye baby mode" of trading...

We have US Durable Goods Order and Consumer Confidence for today.. Until then, will have to staying behind the bush like a preditor in a jungle hunt, at least still better than swimming with the sharks... :D

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