I'm 75% short, $100K

Quote from waggie945:

Who wants to get in front of the DOLLAR RALLY?

Anyone wanna sell ES short now?

:p
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As far as I can tell the rally in the sp, at least over the past eight weeks, has correlated on a percentage basis perfectly with the decline in the dollar. I dont necessarily think you can transfer the argument that a rally in the dollar will benefit US equities over the intermediate term since obviously the big money has been playing the opposite scenario. Maybe you could make a better case for this short term spike in interest rate futures(yields dropping) as a sign that the worst is over temporarily for the US dollar and people are jumping back into treasuries for the meantime...
 
Quote from sulong:

military time?

Civilian broken clocks are right twice a day. :D
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:D :D :D classic just like my favorite Shaq quote "We're going to turn this team around 360 degrees"
 
"I've positioned myself 75% short the Nasdaq.

I believe today/Monday marks the top and I'm willing to bet the farm, which is exactly what I've done.

January 9th, 2004"




how is that short working out
 
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