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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (7164)2/6/2004 4:50:13 PM
From: mishedlo  Respond to of 110194
 
Yes, I agree Mish...if the ECB wanted lower rates, they would have done it earlier this week, and not waited for the meeting. It'll happen, but not next week.
I expect a lot of "sound and fury, signifying nothing" from the E-7 this weekend, and I think the gold market "knows" it.
Nice trades on yer Eurodollars, BTW....


Thanks
BTW I only got 5 points each on my last sept add instead of 10. If I was a genius I would have waited this AM instead of yesterdays close to buy and I could have made +15. So I am not so sure it was a nice trade, but I feel pretty good about it. I guess I did get the middle 5. LOL

Who the F knows what might happen this weekend. I saw a profit and I took it. What a shakeout this AM in gold. Wish I bought that. Still I had a very good day in miners, eurodollars, euribors, short sterling, and BAX (canada).

I have interest rate plays on in 4 currencies now.
Free money if you ask me. Let the competitive currency devaluations commence in earnest. What a shakeout in Eurodollars too. To some, it was the beginning of the end, to me it was a nice buying opportunity, and I already cashed out. If they attempt a shakeout on Monday I am buying more Eurodollar futures. What a racket!

Mish