Tuesday, January 09, 2007

Markets opening abit calmer this morning

The markets this morning are opening a bit stronger then the close of the last few days. Emerging market currencies are stronger and the feel of calm and optomism is in the air. I am not sure if this will last BUT I have decieded to add to my positions. The more I think about these markets the more I feel that we are due for a major bond rally in 2-4 months. Likewise I think the dollar will come under continued pressure. So my positions as described in last nights post remain the same, but I will be adding to them during today's session.



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