Sunday, Feb 14, 2010
A bad week for Euro and Pound in store?
Zerohedge: Commitment Of Traders Report: Record Euro Shorts
"At -57,152 net EUR short positions hit a record, after "increasing" by -13,411 and it appears that the GBP will soon follow in the record negative sentiment category." Telemetry shows a massive build up in short positions on the Euro and another one on the Pound.
Posted by tpbeta @ 10:44 PM (409 views) Add Comment
6 Comments
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1. Crunchy said...
As I told you weeks ago tech, some things are obvious. Confidence in ones information=Profit. £££££
2. mark wadsworth said...
How on earth can we have a "net short position" overall? Surely, for every person who sells a future, somebody else has to buy it. It's a zero-sum game.
3. techieman said...
mark
http://www.housepricecrash.co.uk/newsblog/2010/01/blog-one-for-estrader-and-mg-really-27099.php 10&11
i.e. its WHO is net short
4. techieman said...
..or for a short answer :http://www.dailymarkets.com/commitment-of-traders/#
5. techieman said...
http://www.housepricecrash.co.uk/newsblog/2010/02/blog-communism-or-collapse-27749.php number 3
Crunch...'nuff said?
6. Crunchy said...
The "Dollar" will collapse, not the Euro.