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Note

#93 (permalink)

01-08-2008, 01:49 PM

Titan

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Note

Date: Tue, Jan 8th 2008
Time: 8:50am New York Time

Note: GbpJpy can still drop to 212.02/212.25 to finish out the downside
move. GbpJpy must climb to at least 220.25 to be safe from further downside risk.

GbpJpy current position: 215.87

Titan

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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