A good trend is starting

Cannes Oil man 14:32 GMT October 10, 2006
The sign of the trend is picking up form.
After watching the market and seeing each time how the general market respond.
The masses are now all short $'s , against the euro and long bonds.
They are now looking at a shocking -20% on their bonds if they bought as their bankers advised 1-2.5 years ago..
Trying to pick a bigger trend in bonds while it was close to 1% or 2% interest rates..
This position accoupled with net short's positions , are now being passed around out in september..As for now, all this people see the euro has a great addon to their already thinning portofolios..Under 1.2450 , they will close this risk ..now going long $'s..finishes at 1.20 ..There is a last spike and the market reverses..

A clear sign that the Euro's are just quiet now, though many are posting still contra trades , many are still long , silently waiting an upside move , while seeing daily the prices move down, adding event further at the moment.

Then they close and the swift action starts, under 1.2450 ..Acceleration of the downward moves..Lest we go in new range pattern 1.2450-1.2660 for another 2 months.