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Old 01-23-2008, 06:08 AM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,625
Quote:
Originally Posted by ADL Colin View Post
If I understand you correctly, you go long currencies hitting 20 year lows? That would seem to be far from risk-free.

For example, that rule would have put you long the Russian Ruble vs the US Dollar in 1995. Three years later you would have lost 70% of your money.
Or the dollar against the Brazil real. It is amazing you don't get smoked more often.
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