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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (33580)9/23/2000 7:57:37 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 50167
 
Oh, I agree completely that my argument stems from my long crude positions... I have no problem with that, I know just where I am... and I also think you're very right about the humanitarian element involved here... my approach to trading may be cold blooded, but I'm personally not heartless as an individual... I don't know if you'll actually believe me here and now when I tell you that my trading strategy for Monday is to close out all my long crude oil positions and short call positions... there are many important rules of good trading etiquette... one of those rules is to liquidate any position that has become a critical global issue, a good trade should not include stepping in the middle of a crossfire... this would also apply to my long U.S. Dollar Index positions which I've been holding for a long time as well, since the European central banks are again threatening to weaken the U.S. Dollar... I would actually feel more comfortable supporting Clinton's actions, I do believe the oil squeeze is politically engineered... but still, thanks for your kind and thoughtful post, I do appreciate the friendly gesture.....<g>

Best Regards,

GZ