TraderInterviews.com: Hello everybody. Welcome to TraderInterviews.com. Thanks for joining us for another show. Our guest today is John Netto. We've talked to John before. He is a favorite trader of ours. There are a couple of people in this world, of course, that you know that there are folks that teach and write books and talk about trading a lot but don't do a whole lot of trading. And then there are those traders that make their living in the markets and live in the markets, breathe out and breathe in everyday. And then also, by the way, they have a website and a book and they write some too and they talk a lot at Traders Expos that we have but John is a true trader so it's always good to talk to him. We'll get his philosophy on the markets and what he thinks is going on. So, John, thanks very much for joining us today on the show again.
John Netto: Tim, thanks for having me. I love getting together and doing this stuff. They're a lot of fun.
TraderInterviews.com: John has also been one of the traders that has done the live trading. He gets up in front of an audience and actually trades live against another trader or even by himself at each of the shows we've had in the last couple of years. So it's always been good. So, John, what's your take...I guess we'll start with the Fed because everybody was waiting for that all day today. So what's your take on that and what does it mean for currency traders going forward?
John Netto: Pretty blase market reaction today. We saw a little bit of sell down, maybe more with what's more seen as far as to what pertains to the currency markets is there was a little bit of anticipation that we were going to get this bonafide. The Fed has stopped easing and there was kind of a sell to the rumor sort of by the news dynamic that unfolded today. One thing that's important to keep in mind and we run a gold hedge fund and when you look...
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