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    Global Macro Trading Journal

    I've been hearing Japan is doomed since I believe 1998, when their rating was cut from AAA and the JPY hit multi-year lows vs. the Dollar. Then we had the 2002 bust with more ratings cuts. In 2003/2004 the yield on the N225 was higher than on JGBs. I remember how many said the end of JGBs is...
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    Citigroup announces 1-for-10 reverse stock split

    We used to relentlessly short the reverse splits in the post tech bust days. Not sure about C here.
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    Data for old stocks?

    Try www.premiumdata.net
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    Food for thought

    What makes you think that? Those profits in those big moves could well off-set the 70% losing trades, leaving a tidy profit.
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    Japanese version of VIX???

    Considering the way you phrased your question you don't even know what you're talking about. An apology would have been warranted. Instead more implied disrespect.
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    The Surf Report--part 2

    Fixed that for you.
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    Japanese version of VIX???

    Excuse me, but weren't you the one who asked?
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    Japanese version of VIX???

    Short N225 straddles @ SGX and you'll be selling volatility. Note: That's how Nick Leeson blew up over Kobe.
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    Russia calls for entire Japanese nation to move to Russia

    Zhirinovsky is not talking for Russia. I don't think he holds any official office or speaks on behalf of the Russian government. He's been on record with the most ridiculous suggestions over the years, such as detonating hydrogen bombs in the Atlantic in order to flood Great Britain.
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    Global Macro Trading Journal

    Dec '11 EURIBOR has now fully retraced the rate scare. I am sure monsieur Trichet is not amused.
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    Trend Following Research

    And how can you objectively test the effectiveness of this intuitive method? You can't. Systematic, mechanic trend-followers intentionally disregard reasons and causes for a price breakout and simply bet on that it will continue in the initial direction. They'll be wrong often, for a small...
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    What are the chances?

    "If everyone spent 90% of their time on how much they can afford to lose instead of spending 90% of their time on pie-in-the-sky ideas of how much they’re going to make then they’d be incredibly successful investors." -- Paul Tudor Jones
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    The Nikkei

    Nick Leeson anyone?
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    Nassim Taleb?

    Listening to Taleb's media bits is a waste of time. Very little value, lots of hyperbole.
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    “No Way Out” of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall

    I'll add another option: Start an outright tradewar with China and the other dollar peg emerging markets. Either they stop manipulating their currencies or tarriffs will negate their manipulation efforts. Let China stop buying or even sell some treasuries, let them put tariffs on US...
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    Sold our house - what to do with money?

    Stop worrying about what's overvalued or undervalued unless you know what you're doing. Consider a broad asset allocation: a) Stocks (Developed + Emerging) b) Bonds (Govt + Corporate) c) REITs (US, Europe, Asia) d) Commodities (a broad futures index) e) Cash (diff. currencies of your...
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    Equity Markets Smell Rigged 3/7/11

    You're making a mistake in assuming market and economy must show a perfect correlation.
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    It's a recovery only if you're rich

    Middle class families in the 60s lived in 1250 sqft homes with two or three kids. One tiny car, one land line phone, one TV, a tiny fridge, no pool. It's called living within ones means. Today? 3000 sqft McMansion, two cars, TV in every room, a fridge the size of a van, a kitchen fit to run a...
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    Trend Following Research

    You're ridding right? You can't be serious.
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    Trend Following Research

    You're wrong. You asserted markets were random and market returns mirror random coin flips. That implies a perfectly efficient and random market that doesn't allow any extraction of alpha. How can edges exist when market returns are perfectly random as you claimed? That is a blatant...
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