Ok, so about an hour or so after I threw up a blog about how the Dow is tanking, now the resurgency in buying has to occur, lol!

The Dow now has jumped back to even, and pushed upwards 120+. Oil has shot up to around $58.00 as well in NYMEX’s electronic trading.

Just when you think the market is going to nosedive, what happens? The buyers come in droves and start rallying the markets!!!

BREAKING NEWS!

And as the news is reported with the US Federal Budget Balance along with anything that might of been said by ECB President Trichet. I just opened a EURUSD trade, and looking on all indicators, I could see that the Euro will resurge past $1.26 before slightly coming down for the usual retrace.

TRADE ON!!!

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