Mish's Global Economic Trend Analysis Message Board

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

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To: BSGrinder who wrote (17222)	11/30/2004 3:19:29 PM
From: Wyätt Gwyön	Read Replies (3) of 116555

well, be that as it may, imo the easy money on the anti-USD trade has already been made for this cycle (until the next countertrend rally) and i am not sticking around to squeeze blood from the turnip. just as i believe there will be better opportunities in the PMs, i think there will be better chances to re-enter higher-yielding currencies like AUD. it was so easy to make money on PMs and forex this year--just wait for the margin lemmings to crash and burn, then buy PMs in late spring and AUD/NZD in early summer. i just wish these cycles would last a year so i could get LTCG -g-. of course, i did the same thing last year, and also sold out and was told i would miss the "big Kahuna". i guess they forgot to mention that the big Kahuna would take a lot of gold stocks 70% in the wrong direction.

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