DOW -64 now and UJ 107.03
UJ was 106.30 when DOW closed.. so I can see DOW rally up at open.. or UJ drop .. interesting open.
UJ was 106.30 when DOW closed.. so I can see DOW rally up at open.. or UJ drop .. interesting open.
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedThe HIGH so far is 107.152 and I will tell you this Trend or No Trend !!!
Gold is Down. Oil is Down. Dow Futures Down 70. Europe Down. The YIELDS on the 2 Year US Bonds and the 10 Year US Bonds are UP.
The FED has TALKED UP the US Dollar.
The Trend can and WILL Reverse faster than you can imagine as it is a very short term trend.
If you have profits keep TIGHT STOPS to lock in Profits...
Have A Look At This If You Have Not Seen It !!!Ignored
DislikedDOW -64 now and UJ 107.03
UJ was 106.30 when DOW closed.. so I can see DOW rally up at open.. or UJ drop .. interesting open.Ignored
DislikedI’m just trading my system and you writing the book
2 poz L @ 105. 30
1 poz L@ 106.60Ignored
DislikedFun Day about to unfold. This is an exciting business. The Dow open and where it is at 10:30 AM, 1 hour later and look at Oil, Gold, 2 Year US Bonds and the YIELD is now 2.97% while the FED rate is 2.0%
We have an Inverted Yield Curve which is very bad for the banks ability to lend money. Bernake is having a hard time juggling all the balls at the moment as each of his moves makes things worse somewhere else.
Just DROP all the Balls, Benny because in the end it will happen so just get with the program. Bush will lose either way... oops sorry Mccain !Ignored
DislikedI agree... they are having bad time... I can see it because everytime they speak.. they have this shaky trembling not secure voice... it is clear they are not politicians.. who can lie powerfully about anything.Ignored
There we have it...
Awaiting Open of the Dow...
Bruce
Sponsor Message:
DislikedBruce,
The USD/JPY lately follows the DOW.. do yo think it will continue to be that way, or will the FED's comments and efforts to keep the dollar up split the sentiment?
BristolIgnored
QuoteDislikedThe real take away from Bernanke’s comment is not that the dollar is about to rally, but that it is now more likely to sink even lower. I believe the main reason Bernanke has refrained from mentioning the dollar in the past is that he did not want to be put in a position of actually having to do something about its decline. He is now so fearful of an imminent dollar collapse that he must have felt compelled to throw down the gauntlet despite his fear that someone might actually pick it up.
DislikedInteresting article about Fed raises rates
http://www.financialsense.com/fsu/ed...2008/0606.htmlIgnored