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Reading the news and reports on the US economy, and in particular the US dollar, it''s hard to find a case to be a bull.
Let''s say its two weeks before the election and we''re not sure which party is going to be elected, but at the same time you''re thinking that if Mr Howard is re-elected Macquarie Bank will be very strong and break the double top that has formed.
You want to be slim and trim but can''t resist that chocolate cake. You know it is best to do paper trading, but you conveniently skip over that step.
The climbing oil price is not all bad. One would expect that with the escalating oil price and therefore mounting input cost, that this would result in inflation and hence an increase in interest rates.
Noel Campbell
22 Oct, 2004
Last week I wrote briefly about the benefits of futures compared with the popular trading vehicle of options.
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