Thursday, April 17, 2008

Long EUR, Short USD

I'm Long the EUR and Short the USD. This is a new high plus a hedge against my other trades. With all the bullish in the market my portfolio delta is just slightly negative. Meaning my neutral trades while very much right where they need to be would be perfectly happy if we dropped some. Seeing how GOOGLE blew away earnings I see the market heading up Friday which will devalue the US dollar.

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