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  #8342 (permalink)  
Old 08-08-2008, 09:04 AM
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RSI below 10. im saying jump in on the longs yet but WOW!!!

i would LOVE to tell you guys i have to shorts open and running from 5330 and 5320. (which i do) on the other hand i do not want to tell you guys that i have a long from 5310 and 5322.but of course i do i will wait for this to settle down which may not happen until sunday or monday to unload.

i am still baffled at this breakout. nothing more than rhetoric has driven this. i am on the safe side as i did not lose any % of my account but i feel so truly bad for the traders that were crippled by this move. i am an American and in the interest of this country i would love to see the dollar crumble further. you know kinda how forest fires are viewed as a good thing that promotes new growth. i think this country could use a good fire. that coupled with the fact that bleeding heart liberals have ruined this country.

ALL of that said, i still stand behind my belief that the dollar is in MUCH worse shape than the EURO. if anyone can with a good conscience name one thing dollar positive that helped fuel this run. i didnt think so
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