Sunday, September 07, 2008

The End of the Dollar (Fool's) Rally?

Could very well be - I'm not taking any chances. I just closed out my two British pound short positions - I don't want to stand in the way of a "gap up".

I can't figure out why this is triggering such a reaction - what exactly was the market expecting regarding Freddie and Fannie? Didn't they see the Fannie spoof on YouTube?

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