20101229 FCPO futures, stay on the right side of the moving average today.... Actually yesterday, my fellow trader told me "don't short this market" when I alluded to the divergence on the daily chart.Basically that is just expressing an opinion and talk kok, nobody knows what is going to happen. The hypocrisyof it is that this same trader went short at today's opening...moral of the story,a trader's opinion is not to be believed....
Labels: commodities, fcpo
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