Monday, August 24, 2009

Game Theory Trading

from Zero Hedge; a great piece ...."Since QE wasn't extended, the last POMO date scheduled as of now is in early September. With rates this high, equities in a rising wedge rallying on no volume, the USD almost back to 2008 lows and commodities having outpaced equities since their bottom, a massive decline in equities and commodities starting in August-Septemeber seems to be the play. An October crash scenario repeat of last year is far from being out of the question. Meanwhile, bonds should surge, rates should tank, the USD and JPY should fly, and the EUR, AUD, GBP, and CAD should drop like a rock."

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