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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: TobagoJack who wrote (54657)8/11/2006 5:19:20 PM
From: Riskmgmt   of 116555
 
Hey TJ:

the uninitiated thought that the USD ought to rise when Europe is under attack by folks willing to die in the act of attacking

Well it did! I know because I made money on the move. Now if your talking lonnnnnnngggggg term, well then you might be right, but holding any currency lonnnnnnngggggg term, is, well, imprudent.
But not unlike the Nasdaq stocks in the 90's, they can make a lot of money in the short term. Just gotta make sure your going the same direction and not zigging when their zagging.

regards

Ray
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