Posts by "dave j"

For those that have the stomach, a case for Yen Bears...some interesting following comments also,
http://www.bloomberg.com/news/2012-06-07/strong-yen-won-t-survive-japan-s-fiscal-cliff.html

usdjpy closed the week out at 79.45

GM,

...looks like eu has finally found some support down at 2910..playing upswing in comm ccy's...looking to add to eu shorts on a retest at 1.30+

For such a small country (economically) Greece raising quite the global stink...owing bondholders around E400Bn, depending on who's #s you use, this is roughly the size of Belgium/ Poland/ economies...

If the Greece default/ leave Euro ideas pan out this should be a good catalyst to send eurusd backdown to 2500 and lower in short order...an aside, this should bolster Germany's etc export industry (not that it's really suffering) helping momentum...

glgt

...opening a can o' worms there jacek/ DaveO ;)...nothing speaks every language better than the mouth of a wallet...often heard the only way to get cultures to come under 'one banner' is to get them all in 'hock' first, then bail 'em out on your terms...the alternative is war, divide and conquer etc, but that doesn't seem to sit too well with most of the populace in this day and age...

...cable looking heavy here at 6178...next stop 6100? next 48hrs should be worth a trade or two with the event risk due out...

...getting down to levels where bulls would want to reload...a pop back into the 62-63's? Looking for a sell...

China GDP missed the 9% rumor number by a 'smidge' coming in at 8.1%...(buy the rumor sell the fact, it appears)

pa volatility seems to be going the way of the recent N Korean Rocket launch...not complaining though....will have to wait for the London and New York crowds...