6 replies to this topic

[espresso]

...and I'm long! A bit scared of course!

[libs]

...and I'm long!
A bit scared of course!

you should be. yen 117.4

[espresso]

...and I'm long!
A bit scared of course!

you should be. yen 117.4

Crash...?!!
I don't think so, no against my signal!

[CNSZ]

...and I'm long!
A bit scared of course!

you should be. yen 117.4

Crash...?!!
I don't think so, no against my signal!

Is there a crash signal before 1987 crash?

[deacon]

ES NQ reopened to take out last friday lows, now tring to stay above those lows... getting above the mid week lows would be nice for the bulls

bears gotta crash it quickly, or we do same as last week, then short covering into fomc, then if they don't think the fed decision is strong enough more bailing
http://traderinsight...gger/index.html

rather than looking at the USD/JPY forex which you were quoting in 117's
http://www.nni.nikkei.co.jp/CF/FR/MKJ/ (near real time NIKK at nite & usd/jpy when you refresh)

it's probably better to look at the yen futures, because if you are just looking at forex you need to consider all the yen crosses, not just USD/JPY
http://futuresource....jsp?id=currency

Raschke saw the JY yen futures much higher, which led some of us to state near the market top that the yen carry trade unwind might lead to the usual -17% drop in years ending in '7'
http://futurepathtra...gcategory/8/69/

[OEXCHAOS]

yes.

[Rich]

Is there a crash signal before 1987 crash?

Yes. I think so. See here

I don't think we are anywhere near crash conditions, but I wouldn't be surprised to see another 5 percent drop.

Rich