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Sept British Pound
CSTAR calling BUY DAY
GLOBEX trading 1.6670 ! (Right on Yellow FEAR)
VORTEX indicates two day low (1.6634) will hold
FEAR:
Yellow = 1.6675 RED = 1.6579
FEARfast = 1.6818
BUY 1.6675, 1.6818
If market drops from open, BUY 1.6579
Draw a trendline accross the bottom of the BP lows.
It is important that the market opens ABOVE this
trendline!! If it opens below, set buy stops on the FEAR
Yellow and consider selling the pound down to the RED
FEAR.
So, if the foreign currencies get bought up today, where do
you think the institutions will get the money?
I a whisper (They're going to sell bonds.)
Sept Tbonds
If bonds trade above 114-27 SELL 114-24
SELL 114-13
Aggressive traders sell near yesterday's highs.
I will post the calls in grains and tropicals later.
Walt :)
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