Posted: Apr 18, 2012 19:04
A few clients pulling money from derivatives trading accounts was all it took to turn a quiet day of trading into a flight to safety. The Swiss franc was the top performer while the Australian dollar lagged in a typical European banking worry trade. Japanese CPI and industrial production are due later. The Premium short in the Dow30 was closed for a 200-pt gain as the index neared key support. The entry had been brought lower before the start of NY trading to 18350 from 18380. Another index short remains in progress.