Nostradamus Does Not Work Here, But - UPDATE
Ok time to blow our trumpet on a huge winner. Cycles score big again!
Remember this post : The Austalian economy is in the long drop on the JULY 17 2011
We said ..."We believe the next big winner is SHORT the AUDUSD or Aussie dollar ETF (FXA). The long term cycle is ripe for roll over."...
As I write this the AUDUSD is off 10 cents, in the currency world that is billions of profits made. From a high of 1.10 to currently 1.00. With more to go. Sell any bounce.
Sure it may bounce, but ONLY if the fed does a real McCoy QE2 and not the silly twist every one is talking about.
If you wish to review other great market calls, goto the blog text search tool and type in: Nostradamus