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  • Investors, Traders Create 'Perfect Storm' for Currency ETFs [View article]
    Japan is an export economy. Rates are 0.5%. JPY export goods will become more expensive (autos, plasmas, LCDs). The BoJ intervenes to support the exporters and reduces rates. The FXY is political. How does the carry trade unwind? What low rate currency does it go to? Why does the non-resource based JPY stand up?
    Mar 01 00:57 am |Rating: 0 0 |Link to Comment
  • Friday's Outlook: Stick a Fork in Mr. Market [View article]
    Mr Market is always right. And tomorrow, rational or irrational he will be right again. Maybe there will be panic tomorrow, with Europe and Asia torching Monday/early Tuesday.
    Jan 21 23:05 pm |Rating: 0 0 |Link to Comment
  • Friday's Outlook: Stick a Fork in Mr. Market [View article]
    Great analysis David, I do also think a rally of some sort is inevitable. But still not enough panic.
    Jan 18 21:54 pm |Rating: 0 0 |Link to Comment
  • Friday's Outlook: Stick a Fork in Mr. Market [View article]
    There were tons of pundits saying surprise rate cut. Not much of a surprise if you ask me. 1280? 1250? Not enough panic yet, and the shorts are carrying the ball here with lots of powder.
    Jan 18 21:19 pm |Rating: 0 0 |Link to Comment
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