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No, I'm not concerned at the sheer level. They are more concerned with the pace and the process rather than the absolute level. I think the strengthening of the Yen is portending a revaluation of the Yuan and HKD in short order but that is just a guess.

BOJ will seriously consider a move if the Yen has strengthened 3-5 big figures within 1 week or 2 big figures from Tokyo to New York. This information is from a BOJ insider. In general, world central banks are anti-intervention these days as it doesn't really work. BOJ is probably the only one...

I'm not playing it. Although, I agree it's in an overall uptrend and these last 10 dollars are probably just a retracement presenting a good buying opportunity. I'm currently only playing EUR, Bonds and S&P. However, my EUR position is really the dominate factor in my trading. How come the...

Thanks :). This market is easy (famous last words). Just keep a constant long position in EUR and buy the other portion on any and all dips. Forget everything else. :)

My guess is Bank of China will dump bonds today also. Trades like it.

Re: Euro, all i can say is wow. Anyway, thanks for the kind words guys. Neal.

Done. I'm on page 10 of today's FT Financial Times first section, 'Strategy for funds in the 21st Century' in case anyone is interested. My mom is proud :)

Bank of China buy EUR/USD.

I'm back buying again after a short pause. small now will get bigger above 1.3020.

I'm pausing here (not that anyone really cares :)), going to buy another package on a break above 1.3020 and than another on a break above 1.3050. I expect the break of 1.3050 to come right around NY open today.

I sent you a PM with that info. Not appropriate to disclose on a public forum.

;) is all i have to say...

This is the dip to buy. 1.2988. I'm waiting to cross back above 1.300 here then buying with reckless abandon.

The Spec position is very heavy across the board $ short. The trend is the most powerful force regardless of the size of the Spec. position. There are underlying forces that dwarf the position size of the Specs for this $$ weakness. In short, the heavy spec. position just delays and softens the...

JPY cannot go to 95 while EUR sees profit-taking into next year. Just aint going to happen. Gotta choose either or. :)

The longer term charts do not indicate any sign of a significant retracement in the EUR at this point. I do not advocate going short the JPY. However, I do think that from this point, the dollar will weaken faster and deeper against the EUR vs. the JPY, hence, causing the EUR/JPY to rise. If you...

I like EUR/JPY to the upside. It's been in a moderate uptrend for many months now. This is a buying chance for EUR/JPY. I don't think that JPY will strengthen sharply from here at least near term without China devaluing. BOJ will indirectly manage the currency without direct intervention. Buy...

I'll be up all night as usual and then a full day of meetings tomorrow. Don't feel bad. No sleep for the weary. Good luck to us all...might have another quick dip around European open to shake out the last weak longs. Up from there.

I'm buying EUR here in anticipation of the European open. This move down is bullshit, just knocking out a few weak EUR longs. Spec position is very very heavily long EUR. When the flow is light, like Japan holiday, good chance to push for some stops to the downside (which they got). My guess is...

Anyone know how I can get in touch with Jeffrey Epstein, formerly of Bear Steans? Kindly PM me...Thanks