It would be well to read the technical report below. It talks about the COT's which are an important indicator.  The COT's tell who has been buying and who has been selling.  Usually, but not always, the dealers are right and the speculators wrong when their positions get heavily one sided.  Right now the speculators have built a large short position in the EURO and the dealers a large long position.  This may indicate we are close to a resolution in Europe - it may also be funded by the US which would make the Dollar weaker.  I have sold the profitable EUO position and added to the TYH position which is off side at the moment.  Timing is everything and we may still see some choas out of Europe but stocks have fallen a lot and we are sitting at support levels at a time of the year when stocks are usually strong so I intend to add to TYH

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