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Pound Yen Trade Day Ten

March 3, 2008

After a great ride Friday the robot took two losses today, leaving us in the green, but with a bit of confusion. For 11 straight days we were in a fairly tight range and within the last four trading days we dropped 1000 pips. There were some breakouts a long the way, but now we are near some 2006 lows, so we may see some more consolidation. We will let the robot run all week and see how it handles the Non farm payroll report at the end of the week. Please let us know if you are interested in this free robot, so you can test for yourselves.

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