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Faros Trading On Short Dollar Positions: "Hold The Line"

Tyler Durden's picture




 

Faros Trading explains why On Short Dollar Positions, in the words of William Wallace, “Hold the Line” (pdf)

 

 

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Thu, 10/14/2010 - 16:25 | 650611 NoLongerABagHolder
NoLongerABagHolder's picture

Whoa shit that was close! Bastards almost let the market close down more than .25%!!!! Can you imagine the fucking chaos America would have been in with a down close!

 

Phew! Thank you Bendover for saving society with the boner job at the end of trading today!

Thu, 10/14/2010 - 16:32 | 650662 SheepDog-One
SheepDog-One's picture

80 point last 10 minute stick save! Wow glad to know the market is totaly non manipulated as they try to rebuild 'investor confidence'! What a JOKE!

Thu, 10/14/2010 - 16:35 | 650676 tahoebumsmith
tahoebumsmith's picture

One of the best PPT performances i've see yet! The orders have been givin...Get the market to the highest level of the year before the midterms...PERIOD..NO EXCEPTIONS..DO WHATEVER IT FUCKING TAKES!!! Brian Sacks ought to start calling himself CHESTER.

http://www.youtube.com/watch?v=ov-1S8Xxd94

 

Thu, 10/14/2010 - 16:30 | 650653 inkt2002
inkt2002's picture

leak on GOOG earnings.

Thu, 10/14/2010 - 16:41 | 650707 doolittlegeorge
doolittlegeorge's picture

i was long yesterday.  were you?

Thu, 10/14/2010 - 16:33 | 650664 redpill
redpill's picture

William Wallace lifted the line from Toto, obviously.

http://www.youtube.com/watch?v=-pu4atg6Kow

Thu, 10/14/2010 - 16:38 | 650686 There is No Spoon
There is No Spoon's picture

"hold the line" makes it seem like they expect a correction. Dollar's oversold, no one thinks it will go up, market's overbought, no one thinks it will sell off.

Thu, 10/14/2010 - 19:33 | 651181 wafflehead
wafflehead's picture

obviously not everyone since you are different

Thu, 10/14/2010 - 16:43 | 650715 doolittlegeorge
doolittlegeorge's picture

if jobs collapse as WELL as real estate "how expensive is that loaf of bread"?  Look like 5,000 bucks, don't it?  well..."if it look like 5000, smell like 5000...it is 5000."

Thu, 10/14/2010 - 16:45 | 650728 TheMonetaryRed
TheMonetaryRed's picture

We don't know anything about where the dollar is headed until after QE2 and until we are out of the woods on massive defaults. 

If the Mortgage Mess turns into more defaults, the dollar index could skyrocket.

Meanwhile, Gold to $1700.  

Thu, 10/14/2010 - 21:48 | 651586 Itsalie
Itsalie's picture

hmm, why would anyone need an article and fancy bloomberg charts to be convinced to hold USD shorts at this time? In other words, someone is already bailing out of USD shorts? From 1998,  when certain Asian CBs give up, the game is almost over, I wouldn't stay too long here.

Fri, 10/15/2010 - 02:11 | 651963 brkan
brkan's picture

Short the Dollar... right now? You got to fucken out of your mind.

Fri, 10/15/2010 - 03:04 | 652043 nikejordan
nikejordan's picture

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Fri, 10/15/2010 - 06:00 | 652123 aus_punter
aus_punter's picture

this post is designed to get sheeple into what looks like an obvious trade - shorting the DXY here is fucking madness

 

QE2 is so overpriced in the dollar now it is absurd...... who exactly is going to let all these people out of their shorts ?

 

 

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daniel's picture

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