While I was writing the post yesterday, news hit the wire that congress rejected this bailout proposal. Actually, it happened just after I posted my comments and I didn’t have time to edit it. Unexpectedly, the house voted against proposed governments involvement in this mess. Considering, that the so called leaders had announced come compromised […]

It is my trades I’m talking about. That’s right, the trades I planned couple of days ago are turning out to be just minor moves. Of course that is comparison to everything else. Week has opened with a bang. Dollar roared to life after few days of indecision, and so did JPY. Massive moves in […]

Seems like congress has reached some kind of agreement on the much talked about financial bailout. According to news, some details still must be worked out, but in principle deal is done. Both democrats and republicans claim some kind of victory. They have just saddled the country with a mountain of debt, which all of […]