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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
u said stay long anywhere u can do u still maintain?
Not sure if anyone else is playing Usd/Jpy long, but I have read that you are. I have also gone long at 89.63 (hastly) and then again at 89.28 -
I am having to hold my position over the weekend and I am in the red with this pair. I've never held a position over the weekend and hope it does not go against me.
I feel Usd strength will increase next week - Do you ?
Any ideas for stop loss
Yes I did - That was amaing - I bagged just over 60 pips and I got out. Happy with that. Man that thing just went up. Thanks for the direction :)
Housing bulls are coming out of the woodwork just as housing is about to collapse for the second time. http://globaleconomicanalysis.blogspot.com/2010/06/inane-thoughts-of-day-cnnmoney-article.html
Jim,MtnViewCA,USA says:Today, 19:59:58
Off topic, but it seems possible that the Dems will suffer a big defeat in Fall elections. There is talk of, not a "lame" duck, but a "mad duck" Congress passing laws blatantly opposed to good governance.
Here is one example-- http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/house-shreds-our-constitution-for-raw-ugly-partisan-gain-by-vote-of-219-206-97108044.html
a snip below--
The language in question would exempt from disclosure requirements transfers of cash from dues-funded groups ... inserted into the bill by Rep. Robert Brady (D-Pa.), chairman of the House Administration Committee and a big union backer.
So unions now get nearly unrestricted, undisclosed political spending. Further, the restrictions in the DISCLOSE Act only cut one way against business. If you took TARP funds as a business, express political advocacy is now verboten. So GM has very limited first amendment rights, but even though arguably primary beneficiary of the auto bailout was the United Auto Workers union which got government garunteed billions directly as a result of the TARP funding UAW can spend almost whatever it pleases ...
Further, under the DISCLOSE Act if a company has more than $7 million in government contracts, it has no right to political speech. But public sector unions can spend millions of recycled tax dollars campaigning for Democrats, no problem.