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Stick around anyway, you might pick something up. ET charges less that ol' D.U., I bet.

Thanks for the sympathy, although I have to tell you that news of the death of my YEN short is premature. Stop never hit. The trade is back above water, in fact, based on today's price action. But I'm glad to know commiseration is near should it go badly in the end.

I’ll surrender if near-month Yen/dollar backs up to .008550. That’d make 82-tick loser of my last YEN short, taken last week.

Yen bulls again charging at my beloved dollar, this time led by Cossacks. "Into the valley rode . . . " We know how that turned out for the calvary, so I'm sticking with my position.

Lookin good, huh, now that the way's been cleared of Kerkorian. Or maybe he'll start matchmaking with Toyota.

DRT and posse may be re-considering that policy today. Seriously, you (illiquid) posted an excellent question earlier this thread asking why dollar bulls were confident versus yen (or remaining in positions of confidence) but equivocating (or worse) versus Euro. Since I'm in that camp...

Pretty good shoving match going on in the Yen futures early this overnight. Wonder if that portends one side throwing in the towel? I'm not.

THWACK! a pitch hit way out of the yard.

Well done. A thought nicely turned always deserves rewarding.

I took up your invite (thanks by the way) and promptly saw a nice photograph of your trading cubicle. The padded seat, I'm guessing, frees you to juke to rock n roll Hoochie Koo.

That’s an equivocation and, like this thread, a push. Some say DRT is crushing rocks and revealing gemstones, others that, jeez, with the sledgehammer he’s swinging, the rocks he’s gonna break are his own. Me? I like jewels a lot, my own over others. The rest of your post is subtle...

This is almost all way too sophisticated for me, which is why I’ve been reluctant to comment. DRT “good,” riskarb “bad,” that I get. But the rest needs to be dumbed down. Like the part about Euro hitting 130, quoted with the comment above. I thought Euro was losing value recently...

Prediction below, from last Tuesday, is bearing up pretty well. I see no reason for dollar to retreat prior to further advances. To be sure, versus the yen, I'm wagering the direction is one way for awhile.

A reminder to those playing at home: "ALL ABOARD!" Unemployment falling, and wage growth above trend.

Efuturesfx, the partnership described in post below, from May 2005, is no more. I commend Efutures for cutting the tie with Saxo.

Payrolls this Friday likely to be the most influential that number’s been in awhile. A strong consensus estimate met, or a surprise high of a tepid consensus, would push dollar above 118 yen with room to spare for awhile. Likewise, 150 Euro/yen becomes the floor, not the top.

USD rising last few days vs YEN and Euro. This week's news -- US consumer sentiment and home sales (which meet definition of "next data points" in message above, from last week) -- changed the expectations.

My snide aside, below, is obvious, I know, but so is this blow up. So obvious that it defies belief. I mean the guy stayed and traded in Calgary, his hometown. How Big League could he be? He’s the home trader juking to Rick Derringer. Nat gas and rock n roll Hoochie Koo don’t mix...

Crikey, I feel his pain. Leaves only 50 percent of the 50 percent left in the fund, 18.75 million, plus the 37.5 he took out.

rjmain, You've given a fair and interesting exposition of possible price drivers. Too early for me to say who's correct, although latest US data is inconsistent with my view. Outlook for US Fed and the interest rate differentials between dollar and everybody else could change with next data...