USDJPY Cyclical Peaks

redstone, forget what analysts say, the correction will not come for no reason. valuations can remain overextended for a long time with no nominal correction. stocks will continue to climb unless economic issues start to worsen.

A story about Norwegian brokers....

A farmer was watching his sheeps when they walk around on his field. Suddenly a new BMW 5-series show up on the road beside.

A guy in Armani-dress and Gucci shoes, with Ray Ban sunglasses and a YSL-tie sticks his head out of the car-window og shouts to the farmer: "If I can tell you exactly how many sheeps you have on your field, can I then get one of them for free?"

The farmer look at the guy - thinking "What a cheeky little guy" and he look at his sheeps that is spread around on the field, and answer:" No problem, you have a deal!".

The guy parks his BMW, opens up a Dell notebook, connects the newest Nokia mobile phone to it and surfs to a NASA website, calls up the latest GPS-satellite-navigationsystem, gets the exact position of the terrain. He feeds this information into another NASA-satellite wich scans the field with a camera with ultra-high-resolution.

Then he opens the digital picture in Adobe Photoshop and export it to another website: Image processing Facility in Hamburg. Within seconds he get an email in return on his Palm Pilot - It says: "Picture Processed and stored".

Then he logs into a MS-SQL database through ODBC and connect up an excel spreadsheet with hundreds of advanced formulas. He loads all the data down through the email-post to an Xircom and within a second he gets respons.

At the end he print out a 4-coloured, 150 page report on his hitech-miniature HP Colour LaserJet and take a last glance at the last page:
He then say, "you got exactly 1586 animals"

The farmer:"That is correct, so you can have one of my sheeps now"

The farmer look at the guy while he is trying to get one of his animals into the back of the BMW. Then he says:"If I could guess what your profeccion is, would you give me the animal back?"

The young guy, thinking abit before he replies "Ok, why not".

The farmer:" You are a stock-broker".

Young guy:"That is correct, how could you guess it?"

The farmer:" It is not guessing, you came here without anyone asking you, then you wanted to get paid for answering me about something I already know, and I wouldn't even have asked the silly question.
Besides you have no clue about my business. So can you now be so kind to open the hood and give me my dog back?!!!!!!"

hey ashraf i see uusd bounced over night ....1.0745..do u see further climbing today?also is quadr whichn gonna be positive usd or to hard to say..thanks

Thanks Ashraf, I am not going in on this level, but considering if NOK/JPY closes around 15 again.
However, quite volatile pair, markets overbbought, oil level is high, so a corrective should be on it's way. Hope I am right.

FX, I was very busy this week........but my positions are doing very well.........I welcome USD will rally back a little bit, because I want to add more short on USD/NOK........

Good luck!!!