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    Steve Osborne's Journal

    My hedges are not pure hedges and are built with two positions that are both expected to make profits individually. They are called hedges because the current economic environment and the relation between the two markets in which I took positions are such that the two markets cannot both go the...
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    Steve Osborne's Journal

    Will get long 10 Yr Note on market open and liquidate short position on USD. The bond rally that started after last week's FOMC policy announcement was interrupted by fears of extended dammage to oil refineries. The rally will probably resume this week and a long position in bonds will also...
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    Steve Osborne's Journal

    THE WEEK IN REVIEW Political uncertainties in Germany are still the main concern in foreign exchange markets. Oil was less of a concern as it failed to reach $70 or anything near that level. The stock market was oversold Friday morning and started a rebound...
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    Buy the news (Rita) and then?

    Sell after oil goes back up.
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    To Short Or Not To Short

    ...or one head too many. <img src="attachment.php?s=&amp;postid=849881" />
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    Why 72 Hrs Before Hurricans Landfall $ Strengthen

    You're both right. Bitstream's definition applies to commodities and equities where market participants are mainly risk takers while foreign exchange markets have much more fear induced movements with many transactions taking place to reduce risk against *adverse* currency fluctuations. I...
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    Steve Osborne's Journal

    Will get long on stocks with 1/3 portfolio on market open. This will also constitute an hedge to short position on USD.
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    Pictures of your trading stations

    Not offended at all.
  9. S

    Pictures of your trading stations

    my desk
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    Why 72 Hrs Before Hurricans Landfall $ Strengthen

    I'm surprised (and equally frustrated) it hasn't gone down yet but I think it will soon. Any kind of damage to US growth via hurricanes or high oil is damage to what constitutes the only reason to buy dollars, growth, and this will soon outweight concerns about Germany's political environment...
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    Steve Osborne's Journal

    Will short US Dollar Index on market open.
  12. S

    Steve Osborne's Journal

    UPDATE The comments I made last weekend about the current oil price trend need to be corrected in light of changing expectations about economic growth. Concerns about the impact of devastating hurricanes on growth have made the stock market much weaker and whenever oil prices go down, the...
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    Post Fed. Trade

    Rita still seems to be the focus and the explanation for everything I see right now. Oil has shown signs of weakness and, as many have mentioned here, it should be in the 70’s and its not, therefore it is believed that its trend is down and the common explanation for that is high...
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    Giddy Energy Boards

    It's interesting that someone would make up a post like that: For disinformation? To make people believe that the ones who are long are dumb therefore short we should be? What do you think Man Babak?
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    Back in Black

    The more oil prices matter to stocks in relation to interest rates, the clearer pre-announcement signals from the Fed can and will be. Today was a non-event.
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    Back in Black

    They warned us a few days ago that their main concern was inflation.
  17. S

    Steve Osborne's Journal

    DEC05 CL 68 call will be liquidated at market close.
  18. S

    Steve Osborne's Journal

    THE WEEK IN REVIEW In August, oil was overbought and a correction started on August 31st while my sentiment indicators showed that the uptrend was still intact until two days ago. The underlying trend showed signs of changing direction Thursday and Friday but a closer look at the context and...
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    Developing Trading Systems on a basket

    I didn't like to have my post deleted either from his Intermarket Analysis thread. I thought it was rude.
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