Hedge funds call this pair-trading, and right now he is keeping a 10% portfolio position with one-half allocated to the UUP, the bullish dollar ETF, and one-fourth to both the EUO and the ProShares UltraShort Yen (YCS).

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Presumably, the Bush team is encouraging what might be called a coup in Baghdad in keeping with the President's oft-stated position that war is the last option.

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Although my buy rules had me initiating a few positions on the long side, my interpretation of the risk-reward ratio is keeping my exposure to a minimum and my position sizes small.

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The position requires only moderate-term on-the-job training and entails preparing patients and dental equipment and keeping track of inventory and medical records.

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