[OpenFX] Yahoo! News Story - Weak euro countries plead for help

Friday, March 11, 2011

Clay Mara (clay@claymarafiote.com) has sent you a news article.
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Personal message:

Hi Traders,

Well, I mentioned this possibly happening soon only about a week ago. And, here it is, rearing its ugly, collective little "piggy head". Not pretty for the EU, but it is what it is.

Are you smelling opportunity?

We'll see what's going on with the COT report this weekend, but, as you might remember, the euro has been setting-up for a turnaround per the extreme positions between the specs and commercials. Isn't it interesting how the technicals (i.e., "charts") provide a heads up before the fundamentals surface in the media?

Pictures are so much more useful than words ;-)

Cheers,

Clay

Weak euro countries plead for help - Yahoo! News

http://news.yahoo.com/s/ap/20110311/ap_on_bi_ge/eu_europe_financial_crisis

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