2007 Year end moves.....?

[Dr.S.Sivaraman]

The month of December is seen with USD gaining moves.But the fall in other majors is not smooth.Wide range swings and then sudden drop are the types of moves seen in other majors.They are expected to make further big swings ranging from 150-250 pips rise and then drop 450-600 pips for year end.Traders might think the market is in holiday mood.But the big players are active and they will induce all the short sellers in other majors to either short cover or close with small profits and trap the long holders to average their positions and then finally cut the positions in distress during quick unsupported drop expected during last week of this month and further days to come in 2008.The big players are building short positions in other majors to drop them big aiming to book big profit when the bullish traders (in other majors) cut their positions during big fall.The market appear directionless but the big fall will make the trend visible in coming days.USD is expected to gain big in this process much against the expectations of the fundamental traders.
Regards
Dr.Sivaraman