Posted by: tyrannyoflogic November 10, 2011
its all about trading and investment....
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@nepalkochoro
you might be right about the market going up tomorrow...

the markets been about Europe for quite a while now ...and market moves some what close to the EUR/USD chart
EUR/USD is up right now and I think it is headed higher(not good for me and my MPEL ...but Ohh well what can i do ,,,might average up a little tomorrow ..lets see how it trades)

and the futures are up too..DOW abt 70 points

EURO gaining against the dollar means a better outlook for Europe ..which is good for the market as everything is globally connected (exposure of US companies to Europe, which is why MF global failed miserably and that is why I am short biased financials on any pops)

There's a lot to go into about how right now EUR/USD relates to the market...but at the end of the day its all about headlines...and I think there's a consumer sentiment data tomorrow at 9 or something...and the recent trend of data have been quite optimistic...

anyways I am looking forward to a higher open right now

@eastsidaz ..MT tested the MA line today..black hammer...heading upwards IMO but I dont know abt 20 ..

jst my opinions ...dont bet on it
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