EFU New All Time High
Son of a $%#$%#$%#$%#$%#$%
“EFU – Sold EFU today with a 3.6% gain getting out @ 102.42. Now EFU might have a slight selloff due to the US dollar pulling back after its enormous move, but again, in the coming weeks if the US dollar rallies, EFU should break its all time high (very close now). Same idea as above, buy the weakness. You are seeing it on tv now, “Bullish on America” headlines. This is due to the dollar rallying, emerging markets becoming riskier, etc. etc. This is the reason US markets are rallying and will continue to rally. However, the dollar is ready for a two day pullback and that was signaled by the commodities taking off today, and what may be coming tomorrow off the econ data. We’ll see though I’m just guessing afterall.”
Here is the issue. I knew it was a trend, but played it like a trade. Very very shmucky.
Trade the trade you planned. Seacrest out.
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