Sunday, May 20, 2007

GBP IN DEPTH ANALYSIS END OF DAY 5-18-2007

Many times when we look deeper we find patterns in the most unsuspecting places. Most truth is hidden in the most secret of places and that place is PLAIN SITE...

Friday was a typical pre-G7 trading day. China made a last minute play to strenthen her hand going into the meeting.

The resulting short covering rally spooked and shook many out of their positions.

Jerry