SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ggersh who wrote (23008)9/24/2009 10:26:45 AM
From: RockyBalboa  Read Replies (1) of 71477
 
You can thank Mr King for his astute comments.

I managed to get out at as small loss, earlier (when I found the pound is a dud), about 20 minutes later, hell break loose. It was odd. When the DX faded back in the night, the pound stumbled its way up to 1.638 or so which it undid when I awoke.

I can thank as well because the GDX is now also off. :)

Wondering whether we see the rubberband today, anytime. Max90 said 1039 for S&P, no worse.

I lack conviction these days. I actually started the pound position as a short (1.6430) one day ago but was evidently scared by the retracement in EUR/Pound which fell to 0.90. So I was happy to cover a cent lower, which was wrong.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News