Dislikedbeware....
there is some info on stock exchange floors boj is likely to intervene yen soon if keep strengtening at this brutal pace...
(even some ministers have showed they are against this, and japaneses in my opinion dont play, they act.)
probably 1 of the reason uj being stopped out in the range 106-106.50,
many traders are cautious. even when equities are falling hard.
there is some analisys also japan according to many analyst has peaked growth and probably already entered into recession, which is not yen bullish, and even boj threatening to cut rates.
if it manages to fall in the down 106 area, in my opinion can probably be a good time to buy. at least i will.Ignored
- Post #5,661
- Quote
- Feb 8, 2008 5:45am Feb 8, 2008 5:45am
- | Joined Dec 2007 | Status: Member | 73 Posts
- Post #5,662
- Quote
- Feb 10, 2008 1:40pm Feb 10, 2008 1:40pm
"Don't work for your money, but let money work for you."
- Post #5,663
- Quote
- Feb 10, 2008 3:35pm Feb 10, 2008 3:35pm
- | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
- Post #5,665
- Quote
- Feb 10, 2008 5:25pm Feb 10, 2008 5:25pm
- | Joined Aug 2007 | Status: Trading make u smarter. | 1,230 Posts
- Post #5,668
- Quote
- Feb 11, 2008 7:17am Feb 11, 2008 7:17am
- | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
- Post #5,671
- Quote
- Feb 11, 2008 2:07pm Feb 11, 2008 2:07pm
- Joined Apr 2007 | Status: Member | 1,842 Posts
- Post #5,672
- Quote
- Feb 11, 2008 2:28pm Feb 11, 2008 2:28pm
"Don't work for your money, but let money work for you."
- Post #5,673
- Quote
- Feb 11, 2008 2:45pm Feb 11, 2008 2:45pm
- Joined Apr 2007 | Status: Member | 1,842 Posts
- Post #5,674
- Quote
- Feb 12, 2008 2:18am Feb 12, 2008 2:18am
"Don't work for your money, but let money work for you."
- Post #5,675
- Quote
- Feb 12, 2008 2:35am Feb 12, 2008 2:35am
- | Joined Oct 2007 | Status: Member | 1,236 Posts
"Timing Is Everything. Really I Swear It Is"
- Post #5,679
- Quote
- Feb 12, 2008 5:56am Feb 12, 2008 5:56am
- | Joined Oct 2007 | Status: Member | 1,236 Posts
"Timing Is Everything. Really I Swear It Is"