Jesus - i stepped away for a few hours and did not expect to see that! (also huge reversals in EUR and GBP). Why the big bounce? Any news?
You need to work on your entries and exits, man! I shorted 107.82 and covered @ 106.32! I'd post my time & sales blotter but, uh...ummm...I'm having technical difficulties.
Close b/e. , let us wait for re entry . The only week end risk at this time is gaddafi runaway which has only 30% chance . This is based on Kusa and other high rank officials defected , they may reveal all the arms depot locations , mustard gas etc.. which gaddafi can not move so easily now given close watch of no-fly planes. gaddafi may fear no fly planes may hit all his ammunition once they got the info. The other theory is gaddafi might have moved all the arms/ammunition to hospitals and homes long before as they are safe places. Cutting deal for excile is bit difficult as the assets frozen is public information he can not get it legally , only thing he can runaway with is $6 Billion gold in libyan central bank loading into trucks .