Friday, February 03, 2006

Latam Markets continue to march ahead

Latan American currencies have rallied huge today after an initial weakening of the currencies after the Employment report. I have been trading very poorly of late but I am coming around to the realization that this trend WILL continue. Why fight it ! It is easier riding a trend, and even easier when that trend pays you a nice yield. It is to late now but when I get back to work next week I will reestablish short dollar positions.

Good Luck to all



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