Sorry for the delay.....

Haven't been writing much lately, and there's a good reason.

My mother has been in and out of the hospital fighting an infection. She suffers them sometimes due to chemotherapy. It is times like this that put a perspective on the important things in life.

Again....99% of the time, I don't give a shit what the Euro is worth. You shouldn't either. That's my advice. In the end, it doesn't matter.

I have been doing some thinking about these high-finance types we all "admire". Some genius decided that hiding his bad bets in the markets from his boss at Societe General was a good idea. He didn't want to get fired, after all. Bam! Now there's a write off of something like 8 billion. Is this the type of idiot we need to look to for advice in the markets?

These parasites will spout off tirades like the following: "CPI in the U.S. came in .1% lower than expectations. Coupled with losses in the building sector, this should be bad for the Dollar, as people run to the relative safety of the Euro."

Meanwhile, this same dipshit is buying Euros, and hoping you do the same, increasing his profits.

Here's a analysis for you: The EUR/USD pair goes up because more people want Euros than fucking Dollars. It's that simple. Supply and Demand. Economics 101 in it's purest form. I don't care which way it goes, just as long as I am with the movement. I couldn't tell you what so-and-so said about the implied rate of something in Belgium and how it effects the Brazilian Real. I don't know, and the longer I trade, the more I understand I don't need to know.

I don't mean to sound overly angry, but there has been a lot of crap being posted on the net lately. Let's be honest: It's because nobody knows where this all ends up. Recession, Depression, The Mets winning the World Series next year? What does it all mean? Nothing.....nothing at all.

It is no wonder this business is so hard for the new guy.....so much noise. Just keep it in perspective.

As a side note, yesterday on Bloomberg's front page, there were the usual 5 videos at the bottom. 2 said something about recession being inevitable, and 2 saying that it should be a slow-down, but nothing major. The other story was something much more interesting involving some deal with alternative biofuels, I believe. I don't know, can't remember. Wasn't recession talk is all I know.

Have a great weekend, and tell someone you love them. There is real value in that, not the Euro, Pound, Franc, or even Dollar.