Hard Headed Traders

by Chuck Butler
Daily Pfennig

Good Day… And a Wonderful Wednesday to you! Whew! A sweep by the Cubs was averted last night as the Cardinals beat the Cubs, and delayed their celebration for winning the division. Of course winning the division doesn’t always mean you make the World Series, as my Cardinals from last year will attest, after winning 100 games in the regular season, they lost the first round of playoffs. John Lennon greets me today with his song: Watching the Wheels… I still get sad thinking about how John’s life was taken at an early age… And it was, oh, so many years ago!

So… The currency traders are a fickle group of people, I’ve told you that many times in the past, right? They are also hard headed! They won’t admit when they’re wrong, because they’ve been told for 100 years that the “Markets are never wrong”… But they’ve got that confused with the trading side of what they do…

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