Thursday, October 8, 2009

If it's not the dollar - BUY IT

Dollar down, everything else up - even treasuries? what?

This will work until it doesn't and could end badly.

That said the short play is clearly loaded so a-squeezing we will go...

wish i would have waited for a retest of highs before committing short, now I may get stopped and watch us reverse down. so my gut was wrong on that short - it happens, possibly take the loss and move on...

my long precious metals positions are up nicely but my shorts are cutting into gains.

thinking about swinging a TBT long.



4 comments:

  1. not a great 30 year auction for t-bonds today

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  2. get ready for the talking heads to start talking about our strong dollar policy while them keep rates at zero and flood the world with dollars...

    ReplyDelete
  3. up over $2 on the TBT swing...........nice

    ReplyDelete

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