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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Jim Willie CB who wrote (9038)7/11/2004 7:41:47 AM
From: Haim R. Branisteanu  Read Replies (1) of 116555
 
JW, I do not overlook the issues you post but in a polite discussion you should not attack if some one is not following exactly your script. You are interpreting the FX level based on one or two dimension at a time the issue is substantially much more complicated including factors such as economy, politics and perception. I whish things would be as simple as you post.

Please post what in you opinion is a balanced value of the USD or dollar index one to two years from now

As you claim to know so much about FX kindly advise what to do next week with the following positions

Sold on average over 10 days ago EUR/USD puts at strikes of 1,2300, 1.2320, 1.2350, 1.2380, 1.2430 expiring by end of July / First week of August - should I close and take profits or wait for worthless expiry

Bought on average over 10 days ago EUR/USD calls 1.2300, 1.2330, 1.2350, 1.2380 expiring next week - should I roll them over or take profits.
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