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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (16777)1/27/2009 2:52:47 PM
From: RockyBalboa  Read Replies (1) of 71454
 
I was watching pound like a hawk .... As you said, if you get it right that can be good for a mile...

Can´t tell much about Oil, its too erratic recently.
The only thing I see is that a contango develops, again. In february they managed to show $8 over near the delivery date(March over Feb). Now they are at 3.50 again, and counting. This is the third or fourth month in a row...looks like a money printing method.

Buy the Spread. At the max, reverse the spread, and buy the spread for the next month. Repeat as often as possible.
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