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Posts by "rob"
366 Posts Total by "rob":
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Posts by Anonymous "rob":
Here's the WSJ article:http://online.wsj.com/article/SB10001424052748704307404576080222812076888.html
My take, everything in Libya, and other protesting regions need to calm down before traders stop seeking the safe haven of the CHF. But then again, can this keep falling??? I sure hope not! Stop level at 92.00
Threw in the towel and went long USD/CHF - hoping for a triple bottom, bitter SNB, and a broad rebound in the USD. In retrospect, USD should have been bought against something else - but sometimes it's fun to play with fire when you know you can put it out at some point.