Commodity FX (CAD AUD NZD NOK)

In the fairness of full disclosure, I will admit I just loaded up long on Aussie 15 minutes ago at 0.8948, and just dumped for a nice short-term profit bounce. I don't hold items long for long which are in a down-trend. I am glad to leave LOTS of money on the table on a short-covering mindless rally.

I'll make a lot on the way back down, which is where we are heading within 36-hours on trash euro and gbp, overpriced aussie and kiwi and gold.

I am hoping, make that praying, that the RBA comes out yet again and either talks up their overpriced currency nor directly intervenes to prop their currency up.

SNB inetervened on CHF again by selling CHF earlier today, making that the 5th time in five weeks. Hoiw come no one wants a strong currency EXCEPT the country which routinely exceeds its intentionally low-balled economic estimates in the sake of propping their currency higher (Australia)?

@Xaron-at least your buying at these levels and not those just a mere few hours ago after the rba TROTTED OUT THEIR puppet deputy to pimp aussie and risk higher.

@Chloe: cool if it really does hit 1093. I closed again, and again re-opened a bit low. Watching now to re-re-enter at more sensible price. (If 1093 in sight, then it wasn't really all that low anyway).

@Pipped: LOL! Ashraf is using your PPT (c) in his tweets now! :-)))

ashraf just retweeted me sayn ...gold will hit 1093 if not today then in asian session..gl

I don't need a WEATHERMAN to tell me which way the wind is blowing...Bob Dylan, circal mid 1960s