Thursday, August 5, 2010
The Dollar
Looking to buy the Dollar. ETF funds have become more and more disliked. The social mood is not right for them. The have become unusually depressed. This has made me more likely to buy them at these depressed levels. Buying UUP 2012 january 23 dollars and 22 calls on any weakness. Will most likely purchase most of them after the jobs number. There is no way to predict where the market trades short term. This makes it extremely difficult to time things to an exact point. Maybe the jobs number creates an extreme short term.
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