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I bought the ES @1335 today to complete the trinity. ES needs to get above 1365 ish area though or I won't stick around long. Buying clues are everywhere. :)

No I am thinking more like a directional move for the year. I am not saying we are at a bottom. I have no idea about that and never will. Just responding to certain price levels, etc.

I trade the indexes long term since my eyes can't follow the day to day gyrations. I have longer term buys on the Dow (YM) today at 12,350. S&P (ES) if it closes above 1365 during any hour. Nasdaq (NQ) at 1865. Anybody else feel this way or is it just an illusion. In any case, I...

I actually have small short positions on in both the JY and the SF based on the breakout and breakdown several days ago. These are strictly based on daily price action. Average hold times are about 30 days in each.

Buy Swiss Franc, Sell Yen as a Top Trade for 2008, RBC Says By Ron Harui Dec. 10 (Bloomberg) -- Buy Switzerland's franc and sell yen as a top trade for 2008 because the Swiss National Bank will likely raise interest rates while the Bank of Japan keeps its benchmark unchanged, according to...

What about the Swiss Franc, why is he buying it?

I certainly understand this point and do not disagree, but to open a position based on this one reason...well I don't know. I think that is risky business in itself.

A longer term trade Atticus? Correct?

He has always said he is a fundamental investor and a terrible trader. Help me understand why we would by buying Yen against the dollar based on fundamentals. Is it the feeling that interest rates in Japan have nowhere to go but up. Is it China, is it oil or all of the above?

On the BP futures today, as the big spike up occured, I saw a 1200 lot flashing in the ask column. Someone was either faking it or very concerned. If nothing else we may be reaching a critical mass stage on direction. That was a biggie for BP even from the option monsters. As best I could tell...

yes.:p

Any of you guys see the rather spirited interview with Mr. Bow Tie Rogers recently. Among the Bernake bashing, he was ranting on about buying Yen and Swiss Franc. Anybody agree with this or have other comments. I am looking ahead to next year and was interested in this groups feelings on...

My longer term model has it reaching 1.55

Please send Dunhill cigars!!

need a oil change after 500 miles to get things moving up. Even though we can't get any oil out of the ground, it is there somewhere.

Oh no!!!!!!!!!!! It is him.

I have had a tough time this year. I have been long dollar on several occaissons, only to get washed away in the euphoria. I am holding shorts again. I still have a couple bullets left for my gun. I think we are overshot fundamentally, but it really doesn't matter what I think now does it...

Oh my, could it be?

I think a lot of "stuff" is priced in. Certainly the .25 seems to be. I bet they do nothing. If I was long, I would be out of my trade right now. But I am short and losing money again.

Looks to me like this data annoucement is setting up to be a blood bath in the currency markets. Seems like traders are buying because they feel they are going to be left in the dust. It might get scarey if we start to head the other direction. Ridiculous. Then again, maybe I am just scared...