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  • How to Trade the 'Ciff' Impasse

    From cnbc.com

    Read Full Story at cnbc.com

    Happy Friday, everyone! Then again, maybe not. Congress is heading home without a solution to the 'fiscal cliff' and President Obama has challenged Republicans and Democrats to come up with a compromise in the next ten days. In the meantime, these pros have ideas for using currencies to trade the impasse. Rebecca Patterson, chief investment officer at Bessemer Trust, wants to avoid risk. She told CNBC's Melissa Lee that she thinks there could be a 'Plan C' offered up, but "in my mind, for the market, a Plan C is not enough to get us a bullish case for cyclical assets." She points out ... (full story)

    • ForexRatVN

      220 posts
    • One said ranging, another said slight bearish while the last one preferred to bullish for short term...

      So we have to make our own justify then... I bias on the bearish shorterm, then bullish in middle term, ranging in the long run...

      Merry Christmas to FF members and all the World.

    • frx_trader

      941 posts
    • Quoting ForexRatVN
      One said ranging, another said slight bearish while the last one preferred to bullish for short term...

      So we have to make our own justify then... I bias on the bearish shorterm, then bullish in middle term, ranging in the long run...

      Merry Christmas to FF members and all the World.
      All of those depend on what strategy is used. Merry Christmas and Happy Holidays.

    • javapips

        1,086 posts
    • stupid article,
      they say up, down, and side way
      the tittle should be edited,
      "how To trade CONFUSING FISCAL CLIFF--do not trade'"

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