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Posts by "nick ellis"

1 Posts by Anonymous "nick ellis":
nick ellis
New York, United States
Posted Anonymously
15 years ago
May 6, 2009 16:40
Nice CNBCW interview this morning. I was able to catch most of it.

Based on your analysis you seem to think the market is starting to roll over here. My question to you is this. After the typical bear market rally of 30% or so, what was the average retracement subsequently?

Are we supposed to touch the bottoms again? Retrace to a certain fib?

Finally, I am looking at 4 pairs and wanted to know what you think?
GBP/USD: Short with a stop at 1.5140
AUD/CAD: Short with a stop at 88.34
CAD/JPY: Short with a stop at 85
AUD/USD: Short with a stop at 75


Thanks for you insight.