Saturday, September 27, 2008

Portfolio Performance : +34.45%

US Dollar Barometer stands at +1

Trade Recommendation : Short EUR/USD

Bottomline : I am still in my long USD/CHF trade. I continue to be bullish on the US dollar. Quiet day for equity market today, probably signals that the market is tired. There is a swamp of bad news, the latest victim of the credit crisis is Washington Mutual. I am beginning to think that gold is turning into a massive speculative bubble soon, neutral on bonds, more positive on equities.

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