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I am less inclined shorting whilst NDX remains well above it's weekly 200 SMA, not to say that shorting is any less lucrative as all depends on personal skills, yet buying dips will be 'easier' considering the whole world expects further inflation rather than deflation. But most importantly it's...

With QE2 nearing buying dips & pullbacks makes a lot of sense. Prediction is part of the game ;)

Now, can we trust BOJ to keep selling YEN as they said they would? I am ready to bet against the trend ;)

Why don't u put all that effort into running your own board? ET has always been about numbers. If u consider ET posters to be below your level, then u are either wasting your own time or ADD.

Barclays's Yamamoto Interview on Japan Yen Intervention http://www.bloomberg.com/video/62950700/ Wells Fargo's Serebriakov Interview http://www.bloomberg.com/video/62960970/ FXCM's Kruger on Yen http://www.bloomberg.com/video/62988390/ Keeley Interview Excerpt...

1,307 new ATH

"In contrast, China has been acquiring record amounts of Japanese government debt, buying more than Y1,700bn ($20bn) of short- and long-term paper so far this year. The previous annual record was Y255.7bn in 2005. Ashraf Laidi, chief market strategist at CMC Markets, says while many...

LC mentioned in the past that EurUsd tends to frontrun ES by 1/2 day I believe.

You are correct about the 'yet' part. I've read so much recently about yen & it all either suggests short-mid term bounce providing BOJ keeps on intervening or the other party that suggests that intervening in currency markets won't help long term. I guess I should have pointed out that...

Japan’s action on yen sparks fears of political fall-out by James Phillipps. http://m.citywire.co.uk/wealth-manager/japan-s-action-on-yen-sparks-fears-of-political-fall-out/a434488?ref=wealth-manager-latest-news-list

I maintain my stance that only when NDX drops below its Weekly 200 SMA markets will crash, very likely to crash since we deal with probabilities & not facts. You questioned correlation between NDX & SPX, common sense matey, lots of higher risk capital tied up in NDX, when it fails to hold that...

More intervention reported.

I don't know about daily, but weekly chart NDX is in breakout till Xmas, with return to dollar trashing stocks will be going up.

AS, this is key right here, extract from FT: "As Japan’s authorities are acting to weaken rather than strengthen the yen, they can print unlimited amounts of domestic currency to do so. Theoretically, the only constraint they face is the risk of inflation. But with Japan’s economy still...

Kan in the US this week, most likely working out a deal with the FED so that Yen can be used as a balancing currency & let Euro take on full heat, back to 1.6? hehe

Many traders expect Japan may step in somewhere between 83.00 and 85.00 yen. They said the authorities have called around banks to ask if they will be staffed on Thursday, a Japanese national holiday, in an apparent attempt to keep traders cautious over intervention. "I suspect we may need to...

Let's not rule out the ECB, nobody wants strong currency at a time like now.

Wed Sep 22, 2010 1:39am EDT By Leika Kihara TOKYO (Reuters) - Japanese Prime Minister Naoto Kan said Tokyo was ready to act again if the yen moved sharply, keeping traders on guard against further intervention as expectations of U.S. monetary easing weighed on the dollar. Japan...

To be honest I don't know is the real answer. I like to make money based on what I am seeing, rather than predicting the future to an extent - what would happen if & when markets crash. I know that if & when they do crash I want to have some silver & perhaps some gold stashed away somewhere...

Makes perfect sense for BOJ to sell another trillion tonight in that case.