Friday, November 27, 2009

Quote of today.

Mike Tyson, "Everybody has a plan till they get punched in the face”.


Not much differences between boxing and stock, hum?

Monday, November 23, 2009

the DOLLAR index - $USD

The american dollar index is actually a basket of currencies measures against USD, total 6 currencies but EURO is the most heaviest one since it born, so today's $USD measurement can be broke down as follow:

Euro = 57.6%
Japanese yen = 13.6%
British pound = 11.9%
Canadian dollar = 9.1%
Sweden krona = 4.2%
Swiss franc = 3.6%

actually Swiss franc is a hidden relative to EURO due to Swiss's currency policy, so it is safe to assume EURO weights over 60% on $USD.