Tom Guttenberger Went long $FXY through calls today. Enough of a nosedive for now I think.
Jan 23, 9:59 AM
Reply
(3)
•!Report Abuse
View all 3 replies
Ron Myers: I like it but not a forex guy at all. I might rather be short EWJ but no idea if one is cheap or the other. Tons of super weak longs.
Jan 23, 1:55 PM
•!Report Abuse
Tom Guttenberger: True, I think the BOJ has gotten the market to react how it had hoped. Probably will return to current account surplus.P/E on EWJ reasonable