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To: Redbob

The long dollar trade of April or May 2005 was one of the easiest I have seen in a long time. The dollar index (DXC) rose above its 200 moving average for the first time in over a year IIRC. I (kick,kick,kick) didn't take it because it happened on a Friday afternoon and I didn't want the currency exposure over the weekend. Well it never looked back. At least I wasn't short like old Warren. He may be smart at buying companies but being short the dollar under such circumstances wasn't brainy stuff.


19 posted on 03/04/2006 8:01:30 AM PST by groanup (Shred for Ian)
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To: groanup
do you trade the dx?

idealogical positions are too easy to marry. soros seems at times to be blinded by his own genius.

30 posted on 03/04/2006 8:29:53 AM PST by the invisib1e hand ("Who is it, really, making up your mind?")
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