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Name: NERDMANN
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Monday, March 29, 2010

Is Goldman About To Be Stopped Out For Second Time, Less Than Week After Revised EURUSD Call?

This will likely be the second time the newly relocated bank will be massively wrong about the direction of the EURUSD in the span of a month. With the stop out at 1.35, and the euro almost hitting that earlier today, could we see this trade unwinding as early as today? In the meantime, Goldman will have made massive profits on both trades, even as its biggest clients lick their wounds and wonder what the hell just happened.

posted by NERDMANN @ 4:06 PM 

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