I took a quick profit in FAZ - day trading is not for everyone.  The dollar looks strong and has acted well in the face of what was supposed to be a "Euro Solution".  This would indicate that we may see more bad news from there.  This should be good for Gold and Silver but EUO  ( Long the US Dollar short the Euro and others) may be a safer place to play potential bad news and so I have gone long EUO and will hold the position for a while or until we start to see more positive news from Europe

Leave a Reply.