Saturday, August 23, 2008

August 23, 2008

Its been about a month since my last entry so I have food for thought:
Financial Markets are a joke to try to predict from day to day as well as hour to hour.
I suspended all forex trades the last three weeks..stops the losing that's for sure.

Good News. The us presidential elections are entering their final turns:
Obama\Biden by a landslide. Now the spotlight the next month will be on the
aroma of this future event on the traders.
Bad News: The economy may swing wildly depending on the latest polls-a pro McCain poll will cause the market to creep up towards a recovery mindset("a recovery mindset??") and a pro Obama poll will swing in the opposite way. Wow the next three months should be profitable!!

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