7 replies to this topic

[peregrine]

Ever since the Yen crossed above its 20 ema, pressuring the Yen Carry Trade, global assets have been under downward pressure, which might be expected.

However, yesterday's out sized jump, and what it may entail for the future price path of the Yen made me say WOW !

http://stockcharts.com/c-sc/sc?s=$XJY&p=D&b=5&g=0&i=t78437594903&r=2600.png

Edited by peregrine, 17 August 2007 - 06:59 AM.

[ogm]

The thing is.. this is all temporary dislocations. Markets will adjust to new trends. Leverage will unwind. Couple hedgehogs late to the party will get hurt. They'll find some other carry trade to play with. Life goes on.

[OEXCHAOS]

yeah but still...wow...

[mss]

This carry trade MIGHT be a big problem for gold and gold stocks. Be alert. mss

[sglasson]

The thing is.. this is all temporary dislocations. Markets will adjust to new trends. Leverage will unwind. Couple hedgehogs late to the party will get hurt.

They'll find some other carry trade to play with.

Life goes on.

a traders mkt indeed

nikk closed down +5% b/f announcement - i can't wait to see their open tonight

Edited by sglasson, 17 August 2007 - 10:45 AM.

[OEXCHAOS]

Hey! What's the closed end Japan fund? M

[vitaminm]

Hey! What's the closed end Japan fund?

M

JEQ,JOF


http://finance.yahoo...=...l&c=JEQ,JOF

[OEXCHAOS]

thanks...