Friday, November 20, 2009

11-20-09

Found an interesting artice where the margin requirments for forex accounts will reduced from 100% to 25%. This could clear some of the shorts on the dollar. We have option expiration today and could have a bounce day. Once again i am stressing that trend as been the completely wrong lately.

China and Japan were down along with Hong Kong

Europe is all up here, looking to find out why. Futures are up fractionally here also.

All commodities are down here. They have been leading indicators for the economy. Tell me waht gold is doing and i can tell you what the dollar did and what the market did.

Banks were really hurt in japan. We are a mirror image of japan right now.

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