Tuesday, March 13, 2007

Markets melting away......

Stocks are on the slide.....a large slide and Emerging Market currencies are sliding along with them. These markets have me slightly concerned. I was selling Interest Rates into this move all day and it certainly does not look good from where I am sitting right now. I think it is best to be cautious and as such I will cut my spot risks and look to cut back on my interest rate risk. When you are wrong get out and look to start again. That will be my theme for tomorrow.

Good Luck and Good Forex Trading.....



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