Saturday, September 20, 2008

Portfolio Performance : +29.49%

US Dollar stands at -1

Trade Recommendation : Long GBP/USD

Bottomline : Huge move in the market overnight. A key reversal of events, the government is stepping in to stop the short selling and doing everything to stop the failure of the system. US dollar is weakening now despite the rally in equities. Commodities to trend higher, Gold turning into a bubble. Equities have a little upside. I can't imagine what would happen once the SEC rule on short selling financials would stop.

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