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PILOTL1011

  1. 10 years of $5 Billion a month
  2. British General Sir David Richards was recently quoted as saying it would take 30-40 years to accomplish such an ambitious task.
  3. General Barry McCaffreytold interviewers on the TV show Meet The Press that the US faces ten more years of War in Afghanistan
  4. on February 1, 2006. Within a month of his appointment, Mr Bernanke ceased publication of US broad money or “M-3" statistics.
  5. this time, foreign central banks are NOT buying
  6. there is nothing left in the Fed’s bag of tricks except for plans to start withdrawing its stimulus and bank guarantees.
  7. It has not been back above 80 since and has fallen to a low - thus far - of 75.66 on October 15. Second Time
  8. The USDX closed below 80 - for the first time in nine months - on July 15, 2009.
  9. The USDX did not close ABOVE the 80.00 level again until September 11, 2008 - and that only for one day
  10. The USDX closed below 80.00 on September 7, 2007.remained below 80.00 floor for a solid year, hitting an all time low closing level of 71.30
  11. USDX did briefly dip below 80.00 closing level on more than one occasion for a couple of days or a week at most. Each time, it rebounded.
  12. until the fourth quarter of 2007, the USDX had a “floor” of 80.00 points on a daily closing basis
  13. only 8 percent of households polled said they expected to increase spending over the year to come. Total debt
  14. unemployment in the US is now 50 percent higher than it was this time last year
  15. divergence,doji followed by a hanging man on the euro 2 hour chart was a sell signal @148 which proved again to be a solid resistance
  16. Euro first down target 14739
  17. adding to Euro short @148, doji and divergences on 2 hour chart, exiting BP shorts @15728 @110 pips profit
  18. sold CAD $ longs for decent profit, short Euro @ 14711 and BP @15851, targets Euro 14634 BP 1590 then 15711
  19. next target on BP is 15729,CAD could continue up move towards 96430,and Euro should test 14639
  20. Euro support 14639--this should be the next target on the downside