With the rise of the US dollar and the corresponding drop on the Yen, we have exited the 2nd posuiton on FXY today. Expiration is this Friday, there is no need to risk the profits. As posted on November 10, adding today's trade
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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
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