OJ/ Coffee Random Musings

The YEN carry trade deleveraging will continue to influence stocks and some commodities on the down side - YEN running riot on CHF/AUD/ CAD - so much for non-correlation between stocks/forex and commodities
 

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All commodities are short plays ony - but its not been easy i agree

The only commodity may go up in the near term is Gold - everything else, Grains, Metals, Softs, Energy shorts only
 

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We will be putting out new shorts on OJ around 8500 when market opens and if it trades up there, but the question is how low can it go. Dead cat bounce may force us to rush for cover we will see.

Expcet Gold to go to $1000 by end of next week.
 

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Further 50bp interest rate cuts in the pipeline for the next Federal Reserve, BoE and ECB meetings.

All three Central Banks, plus the SNB, BoC and Riksbank, cut their key interest rate by 50bp at 11:00GMT today. China cut by 27bp.
 
Coffe Long - may work - thats an interesting position

Quote from Rtrader2525:

long coffee from 112.00, did you get your OJ shorts off shaqi???
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