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Faros Trading explains why On Short Dollar Positions, in the words of William Wallace, “Hold the Line” (pdf)
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!
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!
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.
leak on GOOG earnings.
i was long yesterday. were you?
William Wallace lifted the line from Toto, obviously.
"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.
obviously not everyone since you are different
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."
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.
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.
Short the Dollar... right now? You got to fucken out of your mind.
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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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