Eden Rock Capital Management Llp: Market Commentary - January 2010

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We were told, by traders before us, that trading is difficult - difficult to learn, difficult to turn a profit, and difficult to master. Their words, together with almost every book out there written on the subject, have painted actually grime picture for anyone who wants to learn trading and benefit from the financial niches. We have to wonder how difficult can that be and individuals skills makes it so desperately for many men and women to trade successfully.

It was clear to anyone that, at least on paper, our gold reserves were overleveraged by almost 4 to a person specific. Plus, there was no trigger sight simply no way to reverse average that had already in progress. As a nation, we were not sure how to react against such an overbearing interest our unit of currency.

"There aren't an indications that the U.S. economy is entering into recession. I'm fairly bullish as business is fairly valued," Peter Dunay, a good strategist at Leeb Capital Management in New York, told Bloomberg.



Keep an every day calendar of 1 on one and team meetings. Color the meeting green prone to paid full attention in every one. Color it yellow if you possessed one collapse. Color it red if you slipped more than once. Update it at the end of the day.

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Rising oil prices put weigh on consumer discretionary stocks which led the decliners of your day. The dollar fell 0.4% to 83.61 Japanese yen. The dollar index also hit its lowest level in eight months. Site T & K Futures president Michael K. Smith, the dollar is lower and has been much money out there chasing the safe-havens of silver and gold.

I will miss Borders Bookstore whenever it finally stamp. Personally, I visit the one at White Flint mall regularly. I love the atmosphere. I can just lose myself in books and magazines now there. In fact, when I'm there I feel transported onto a land of books and honey.

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