Site Meter The Lawyer Trader: Open Positions

Wednesday, February 25, 2009

Open Positions

Currently, I'm:

  • long the Usd/Jpy--the pair has reversed trend and is very bullish
  • short the Eur/Usd--no surprise here, I've been short the Euro for a while
  • short the Eur/Gbp--the pound has been looking bullish after being very oversold
We'll see how these turn out. Obviously, I'm still pretty bullish on the dollar and it's starting to be a pretty popular opinion to have. You can tell when an opinion is pretty popular when you hear Dylan Ratigan state on live tv that the dollar is in demand because our (America's) financial system is "less crappy" than everyone else's.

Good luck out there.

TLT

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