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Special Forex Situation

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Special Forex Situation

9-20-2000 9:43 PM

The Euro Currency and Swiss have been sold heavily lately, a short covering rally is due. Traders should be prepared to take advantage of an impending move higher.

FuturesCom is recommending long Dec Swiss Francs from a bit higher, 
and remains that way.
  Bi-Weekly Traders should Now, Buy 2 Dec Swiss at mkt last,  5657 on globex and 4 Dec EC at mkt, last 8504 on globex….

Premier Traders stay tuned for Forex Flashes

Happy Trading and light the Candles

Bill

 
THIS PUBLICATION CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS. REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. ADDITIONAL RISK DISCLOSURE IS AVAILABLE.

 

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