Sunday, May 24, 2009

Currencies take a 180

Kind of overdue really ad the currencies turn back and head south a bit as the Dollar steadies
against all others. We used a trail stop and flattened at 61.80 And Sold one more as the picture changed. Also once Bloomberg tells you we are going up it is almost always done at that point
as they tend to be a tad late for dinner so to speak. This is no sudden bear market but a normal pullback we will look to get long again we will check in in the  AM with the morning recommendations.     Remember when we trade overnight we usually stop adjust to break even asap. This way no unpleasant morning surprises.




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