JPY at end of trend?

JSSPMK · Oct 24, 2010

Quote from ASusilovic:

CME JPY longs absolutely unwilling to unwind long positions:

http://www.cftc.gov/dea/futures/deacmelf.htm

Pure greed, but by next Friday OI should drop further.

ASusilovic · Oct 24, 2010

Quote from JSSPMK:

Pure greed, but by next Friday OI should drop further.

Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.

ASusilovic · Oct 24, 2010

Japan Sept. exports rise 14.4% vs. year-earlier

Japan Sept. trade surplus widens 54% from year-ago

Despite massive JPY strength...

Next target 80.24.

JSSPMK · Oct 25, 2010

Export Growth Down 7th Mth...

ASusilovic · Oct 25, 2010

Are you ready for USD destruction. Fasten your seat belts.

ASusilovic · Oct 25, 2010

I see retail traders and "so called" professional retail traders adding to their losing GBP/JPY and USD/JPY losing positions....

ASusilovic · Oct 25, 2010

Breaking lower to post fresh 15-yr lows at 80.59...

GPB/JPY next support 125.66.

JSSPMK · Oct 25, 2010

Quote from ASusilovic:

Breaking lower to post fresh 15-yr lows at 80.59...

GPB/JPY next support 125.66.

AS, I recall S&P was meant to be going to 2,000...

ASusilovic · Oct 25, 2010

Ok, first 103 pips in today. Waiting for further market impact.

ASusilovic · Oct 25, 2010

Quote from JSSPMK:

AS, I recall S&P was meant to be going to 2,000...

Just buy your OTM puts and your OTM calls. In short : OTM strangles. Everything else will be dealt with by our friendly neighborhood banks and hedge fund community...

One of the so-called "uncorrelated" markets has to give up this rally over the long term :

either bond or equity markets.