Wednesday, December 17, 2008

Crazy

Got out of EUR/CHF short too early. I tried a small long in USD/JPY and got stopped out. Up 1.3% now. It's just crazy right now and I'm not even sure where to begin.








I'm also surprised by the treasury market. The 13-week is back to 0. The 30-year hit a low of 2.583%.Island reversal? TLT is not going to end well.

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