In Forex and Futures Commentary

Without a telescope, nor any other form of advanced optics, I wasn't ready to miss something that I wouldn't get to see for another 80 years. Hype aside, it is after all just a lunar eclipse, but a rare one as it overlaps the 2010 winter solstice. Chances are I'll be making better lawn fertilizer than a trader/writer the next time this opportunity rolls around, so this is my best attempt to capture the action.

I'm working from a remote location today and was lucky enough to have some clear skies, considering much of the rest of the country is either covered in a blanket of snow or getting doused with rain right now.

Taken with a Canon Rebel T2i with nothing more than a kit lens (18-55mm), but all I can say is that it looked a lot better in person:


And here is, unquestionably, a much better slideshow: http://www.huffingtonpost.com/2010/12/20/lunar-eclipse-tonight-201_n_798912.html#s211651

In related news…..

….astrology traders go insane with excitement. Sure enough, another very rare event has been announced today….China pledges to take “Concrete Action” to help Europe. Here's the related article: http://www.bloomberg.com/news/2010-12-21/euro-rises-as-china-s-wang-pledges-to-help-eu-with-debt-crisis-yen-gains.html

My assumption would be that this is a bit rarer than an 80-year event, but just a hunch.

But wait, there's more: Once again, Moody's comes along and pulls yet another “party foul”….placing Portugal's ratings on review for a possible downgrade, and EUR takes a temporary hit. Talk about a bunch of negative Nancys. Related: http://www.reuters.com/article/idUSTOE6BJ06Q20101221

Careful out there – this is an event driven market today….pay attention, listen/read/be on your toes and all the best,

Steve

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Showing 4 comments
  • mids99
    Reply

    I just bought a new micro four thirds camera recently and attempted this same shot and failed miserably so can appreciate your effort, it's a lot harder than you'd think. A bit like trading really, those who are good at it make it seem easier than it is 🙂 Or maybe it's just me, lol.

  • nobrainertrades
    Reply

    I literally went out there in 10 degree fahrenheit weather and froze my fingers while I grabbed this, resting it on a rock while doing so the lens could remain open and not wobble around…..I'm sure there were more productive things I could have been doing but oh well….

  • Tim
    Reply

    Very nice Steve…pretty jealous as I'm stuck in the winter wonderland that is upstate NY. Simply cannot pass up this if you have the opportunity.

  • Josh
    Reply

    Saw the eclipse too. Made it a familial moment. I made specific mention as well that memories of the eclipse will be via wetware rather than hardware.

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