Like a lot of traders out there, I am licking a few wounds today due to this massive retracement on the USD/JPY and U.S. equity indexes. The last two hours the stock market was open were certainly "robust." One wonders where these buyers are coming from. At this point, I think that most traders are waiting for tomorrow’s news (that I won’t mention in this post) before taking a firmer stand. In fact, it seems like most traders are getting [...]
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[Source: The Money Blogs]
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