Trading…Dollar Index vs. Diapers…

It’s always fascinating to me how the timing of events works.

On Thursday, Dec 3, I was looking at the US Dollar value. PowerShares DB US Dollar Bullish Fund (Symbol: UUP) was near its all time low, barely hanging above 22. Nice, clean support area with a tight stop, thought I to myself. The risk is limited and small, the reward probability is way greater and in more significant amount… Just my type of trade.

Then, I got an e-mail: DANGER: Dollar Crash Looms, Take Action Now! It came from the Weiss Research, Inc.

From the marketing point of view the report is brilliant:
“A RUN ON THE DOLLAR,” (Screams Huge Green Headline)
…
WHAT WILL IT MEAN FOR YOU?

The report is written by Lee Bellinger, publisher of Independent Living, as an urgent briefing:
… Anyone holding dollars or dollar-denominated assets is sitting on a ticking time bomb, and the fuse is burning short. There isn’t a moment to lose before we see a worldwide rush to the exits…
“The Dollar’s Coming “Reckoning Day”:
On a Par With Pearl Harbor and 9/11″ cries another green sub-head.
One more follows shortly thereafter:
“You Must Plan for the Coming Dollar Collapse: NOW”

That definitely messes up my thinking. Now I am more concerned with the question: “Should I buy that subscription to Independent Living for $69 and receive well-promoted Dollar Destruction Defense Manual NOW, or should I use my own brain and come up with the answers first, before looking at the offered “cheat-sheet”?”

Next day, on Friday Dec. 4, Dollar posts 1.7 percent gain – the most since Jan. 20, after the Labor Department said employers cut the fewest jobs in November since the recession began.

However, missing a trade is not a big deal. What’s really got me, was the necessity to change a diaper and drive kids to school just when the news broke. Then use the cell phone on the red lights to check 20-min delayed Google quotes and wonder what numbers I’ll see on the computer screen when I finally make it back home.

If it was hard to trade with two kids, it’s pretty much impossible to do with three.