Look at dat JPY!!!

bali_survivor · Mar 16, 2011

Quote from Trendytrader:

Argh that is some nick name got a story?

yep - the bombing of my late father's favourite hangout in Bali just missed him (he had just left). I kept on using his account to remind people that there are those who are bend on creating misschief out of jealousy as well as that one may feel oh so mighty yet one never knows what is around the corner that will shatter your life.

Maria

ElectricSavant · Mar 16, 2011

I remember your father here in ET...God rest his soul...

ES

Quote from bali_survivor:

yep - the bombing of my late father's favourite hangout in Bali just missed him (he had just left). I kept on using his account to remind people that there are those who are bend on creating misschief out of jealousy as well as that one may feel oh so mighty yet one never knows what is around the corner that will shatter your life.

Maria

Trendytrader · Mar 16, 2011

Quote from bali_survivor:

yep - the bombing of my late father's favourite hangout in Bali just missed him (he had just left). I kept on using his account to remind people that there are those who are bend on creating misschief out of jealousy as well as that one may feel oh so mighty yet one never knows what is around the corner that will shatter your life.

Maria

I was thinking the tsunami. Is he an Aussie?

turkeyneck · Mar 16, 2011

Why does JPY keep rising despite the crisis? I don't get it.

athlonmank8 · Mar 16, 2011

Quote from turkeyneck:

Why does JPY keep rising despite the crisis? I don't get it.

Yeah, i'd like to know too. Aren't they flooding the market with yen?

ajcrshr · Mar 16, 2011

The yen gained as much as 0.9 per cent to 79.98 per U.S. dollar Wednesday as currency traders speculated that the Japanese government, insurers and other companies will have to repatriate billions invested overseas to pay for rebuilding. Some estimates now peg the cost of the devastating earthquake, tsunami and continuing nuclear emergency at more than $180-billion (U.S.).

In 1995, Japanese investors sold a record $30-billion of U.S. securities following the Kobe earthquake, equivalent to 13 per cent of Japanâs Treasury holdings at the time.

http://www.ctv.ca/generic/generated/static/business/article1944910.html

turkeyneck · Mar 16, 2011

Does today's pullback have anything to do with Japanese selling US stocks to raise cash?

stock777 · Mar 17, 2011

Quote from athlonmank8:

LOL are you serious? You're kidding right?

LOL are you serious? You're kidding right?

stock777 · Mar 18, 2011

so who made some o dat free money tonight