Sunday, November 1, 2009

Read This Article by Dr. Doom

Here is a link to an article by Nouriel Roubini - otherwise known as Dr. Doom.

http://www.ft.com/cms/s/0/9a5b3216-c70b-11de-bb6f-00144feab49a.html

Remember several months ago I wrote a post advising all our loyal readers to short the US Dollar? If you had gotten into the Euro versus the Dollar, or the Australian Dollar you would be up 900+pips. That isn't bad.

Dr. Doom noticed that a lot of people are making trades like the one I advised, thanks to the Federal Reserve Printing press. - Read the article. Food for thought.

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