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Politics : Idea Of The Day

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To: SE who wrote (33466)	9/22/2000 9:31:47 AM
From: GROUND ZERO™	Read Replies (2) of 50167

Actually, it was between going short the Euro Currency or adding to my existing long US Dollar Index positions... I decided to go with the long Dollar play since I'm already long the US Dollar for several months and by shorting the Euro as well I would be doubling my risk... the Dollar broke out from 112 and this is where it came back to this morning... being long the US Dollar Index and short the Euro Currency would be a highly correlated trade and I could be double right or double wrong, but to double the risk at any time would be a bad trading decision..... GZ

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