FOREX TRADERS

[Worn_Buffet]

Sorry ta hear Sherri...hang in there....that's the beauty of 4x....there's always a trade or 2 somewhere....in the meantime jus nibble around & you'll fall into somethin.

Agreed w/ya on the cc issue.....& as far as the FICO/credit score goes....that too is gettin even harder ta figure out as they always seem to be changing the rules on us these days.

Used to be the higher the unused credit limit ya had, the more of a risk u were considered.....now as I'm hearing, it's the opposite...they're now lookin for the responsible folks who stay well w/in their means payin off several times the minimum on a steady mos basis....'anyways' (an inside Daiello joke)....

Banks Brace for Credit Card Pain
12/11/08 - 06:33 AM EST

Credit Card delinquencies are on the rise amid the weakening economy and lingering mortgage crisis, putting added pressure on bank issuers already facing a bleak landscape.

http://www.thestreet.com/story/10452410/1/banks-brace-for-credit-card-pain.html?puc=_htmlbtb

Went long gbp/jpy this am @ 135.90 as I was writing this.....good timing it appears....covered 1/2 @ 136.67 jus now...set the sl to b/e & lookin for 137.83.....jus under the 4th fib....which was drawn fairly loosely (conservatively) from 138.50 to 135.87.

& of course the short usd/chf has been goin well this week.....both are now up 300 & 321 ;))