Saturday, 19 December 2009


At the Fleetwood Mac concert this weekend!

No change to positions.

Will update next week, but not convinced by recent USD strength.

I see it as profit taking and position adjustments into year end.

The AUD and NZD will rally again in the new year. The USD and the JPY remain toast.

But stand by for when the game changes, when US interest rates actually do rise.

But still not until at least mid year at this stage.