August 23, 2008
FX Market Outlook
Dollar: Rally Done?
Euro: Data Dour But Support Holds
Yen: 110 Still Resistance
Pound: Crushed To A Pulp
Commdollars: Is 800 Support for Gold?
————–Top 5 Stories in FX This Week—————-
Will Cold Cash Prevent a Cold War?
Stealth Repudiation of US Debt?
All the Oil We Need
Will Roubini Be Proven Wrong?
A New Qualitative Capitalism
—————–Trading Thoughts- Getting Half the Juice—————
The longer you trade the markets the more you realize that the only absolute in the game exists on the downside. What I mean, is that the only factor that we can control with any degree of consistency is our losses. Most people of course believe they can control profits and that is perhaps the most naive belief of all. I’ll never forget one time sharing a cab downtown with well known colleague who opined in no uncertain terms that he never takes trades with less than 3 to 1 risk reward ratio. I remember feeling uncomfortable at the time with his utter conviction that this was the only way to trade and only much later realized that this man must have never put his own money on the line because his premise was laughably unrealistic.
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August 15, 2008
FX Market Outlook
Dollar: Domination Nation
Euro: Effective Recession?
Yen: 110 Still Resistance?
Pound: Pounded Into the Ground
Commdollars: Gold Slips Below 800
————–Top 5 Stories in FX This Week—————-
Quadrupling The Inflation Tax
Whoops,There Goes Our Profit
Squeezed From Both Sides
Guns of August Give Dollar a Boost
The Dark Side of Debt
—————–Trading Thoughts- The Big If—————
If only we entered the trade 10 points higher!
If only we were right on the data!
If only this pair would follow the broader dollar trend!
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August 9, 2008
FX Market Outlook
Dollar: Suddenly Supreme
Euro: Hawk No More
Yen: 110???
Pound: Just A Matter of Time
Commdollars: Complete Collapse of CRB
————–Top 5 Stories in FX This Week—————-
A Tale of Two Monetary Policies
The Knife’s-Edge Economy
Has the Dollar Fallen Far Enough?
Spotlight on Euro
Baby Boomers We Have A Problem
—————–Trading Thoughts-Running Money —————
K and I often receive offers to manage money and so far we’ve refused everyone of them because we are simply too busy with research and our advisory services to devote the proper energy to the task. However the idea of running money has made me think about the criteria I would use to evaluate a money manager. Following are simply my thoughts and are by no means the final word on the subject, but I thought they may be useful points of reference for everyone to consider.
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