The market will not go down until...

the carry trades start to unwind. its that simple!

theres too much money floating around and until the USDJPY starts to really fall, the market will make new highs each and every month

last may the fall was started after the yen had rallied. not too hard to put together
 
Quote from EqtTrdr:

I love 100% up room to go with ZERO risk$$$

Do you just have your canned statement on your clipboard and go through all the threads and hit paste? You must be trying to have the highest number of posts on ET.

To the main subject of this thread, I agree 100%. This bull run is a melt up from all the freaking liquidity out in the world. Once money gets more expensive to borrow we will start to get some volatility.
 
Quote from RiceRocket:

Do you just have your canned statement on your clipboard and go through all the threads and hit paste? You must be trying to have the highest number of posts on ET.

To the main subject of this thread, I agree 100%. This bull run is a melt up from all the freaking liquidity out in the world. Once money gets more expensive to borrow we will start to get some volatility.


only person on ET that has been long since 4 years ago..... take it to the bank baby $$

http://www.elitetrader.com/vb/showthread.php?s=&postid=266358#post266358

http://www.elitetrader.com/vb/showthread.php?s=&postid=269982#post269982

http://www.elitetrader.com/vb/showthread.php?s=&postid=271019#post271019


check the dates on the posts.....


yup....
 
Quote from YMsystemtrader:

the carry trades start to unwind. its that simple!

theres too much money floating around and until the USDJPY starts to really fall, the market will make new highs each and every month

last may the fall was started after the yen had rallied. not too hard to put together

Nail on the head.

This rally has nothing to do with fundamentals or earnings, its got to do liquidity.

Until the carry trades start to unwind, shorts will be raped every time they try to trade the reactions.
 
Quote from YMsystemtrader:
the carry trades start to unwind. its that simple!
WAIT I THOUGHT THERE WAS NO RISK!!!!!! :p

As long as we can go short Yen/long USD for a profit and put the USD in long ES overnight leveraged and make 30% a year in the process (with zero volatility, just look at the charts) it's paradise :D

Roger Nusbaum:Remember The Yen
1/30/2007 11:12 AM EST
You probably know that the dollar has been very strong against the yen of late.

As a quick reminder, the yen was a catalyst for last spring's risk aversion correction. The dollar rallied against the yen for three months into the end of 2005, traded in a range for a few months and then the yen rallied hard against the dollar last spring before the stock market correction.

The yen's role as a funding currency means that big moves in the yen can be disruptive to other markets.
Also: http://www.rgemonitor.com/blog/roubini/176117
 
Bears are getting raped again. :D

Its obvious that Bernanke wasnt going to say anything stupid to upset the market, at least not before the elections.
 
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