Quick note re: currencies

JB3 here.

Just a very quick note to say that I'm watching GBP/USD and EUR/USD (and some other pairs) carefully at the moment because the patterns suggest that there's a decent chance that these currencies are about to change direction.

I would expect the correction, once it starts, to last for many days to a few weeks, most likely.

Further out I think that once the correction is done there is a real chance for a powerful continuation of the larger trend (down for EUR/USD and GBP/USD)

Sorry no tiime for charts.

Seasons greetings.

And don't forget to send a prayer of thanks to Ben Bernake, Time's "Man of the Year" for playing a critical role in building the structures destined to pull the US of A into a hole deeper and faster than it would if he'd just left it alone. With friends like that, who needs enemies, America?

JB3