FOREX TRADERS

[Worn_Buffet]

Indeed...jus goes ta show that w/4x even if you get the trend right you could still miss the boat b/c for most folks, it's not an option to take up truly long term positions...thus you could easily find yourself on the wrong end of the channel yet have called & timed the general trend correctly.

Sorry to hear...but don't worry....on the flip side, one of the good things about 4x is that there's always a trade/trend somewhere....& going forward perhaps it's now the opposite call ya may wanna be waiting for....as in shortin the dollar.

Lastly.....here's some interesting #'s I heard this afternoon.....the credit default swaps total balance...oh about 65.5 trillion....& they are trying to wind that down w/the bailout by approx 90%...down to 6.5T

& w/re to hedge funds....folks are now sayin that approx 25% of all hedge funds will be gone by this time '09.

Some truly unbelievable #'s comin out of all this....& we still have a ways ta go.