We seem to be going
through a strange phase at the
moment whereby the markets don't
seem to be doing one thing or
another. Of course, any
such comment comes from the
perspective of one's own analysis,
and I don't doubt there are others
out there doing very well, while I
appear to be treading-water. I
have to say though that it's such a
blessing trading F/X as opposed to
Equities when one see the carnage
that came out of China at the end of
this month. Why events
like an official crackdown on
fraudulent share activity in China
should cause world-wide financial
chaos, has always been a mystery to
me, and while foreign exchange
markets were not immuned, the impact
was no where near as savage as
compared to shares in general.
F/X, remains a much securer and far
more rational market in which to
invest.
Anyway, the month for me
finished -2.35% down, of which only
about -0.5% could be attributed to
the issue above.
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